Overview: Buckwheat Market Outlook
The buckwheat market in Dalian is anticipated to remain stable in the coming days, with a relatively slow pace of purchase and sale transactions. However, attention is required to assess the impact of imports on market dynamics.
Availability of Domestic and Imported Buckwheat
Currently, there is still residual grain available in the domestic buckwheat market, while the supply of imported buckwheat remains sufficient. However, farmers are facing challenges as they are compelled to sell at lower prices, influenced by psychological factors.
Challenges in Downstream Processing
The downstream processing plants are yet to ramp up operations fully, leading to a need for demand restoration. Consequently, there is a lack of enthusiasm for temporary procurement of raw grain.
Market Dynamics and Price Trends
The current demand for buckwheat is relatively light, partly due to the impact of imported buckwheat. As a result, buckwheat prices are generally stable, with high-quality buckwheat maintaining its premium pricing despite the overall market conditions.
While the buckwheat market in Dalian faces challenges, including low prices and subdued demand, the presence of high-quality buckwheat at premium prices offers a ray of hope amidst the prevailing market conditions. Continued monitoring of import trends and demand fluctuations will be crucial for stakeholders in navigating the market landscape effectively.
Current Market Price in China for buckwheat kernel
Product Name |
Chinese Buckwheat kernel |
Type | Conventional |
Moisture | 15.5 % max |
Package | 25kg paper bag |
Purity | 99.95% |
Loading | 20mt /20GP |
Conventional Fob Dalian | USD 890-920/mt – EURO 819-846/mt |
Organic Fob Dalian | USD 980-1010/mt – EURO 902-929/mt |
Delivery | 20 days after contract |