Stable Buckwheat Market Amid Supply-Demand Dynamics

Stable Buckwheat Market Amid Supply-Demand Dynamics

Mintec Global
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Influence on Prices

In the bustling trade hub of Dalian, buckwheat traders are witnessing a stable mainstream reference quotation, albeit with slight localized weakness due to supply and demand dynamics. This equilibrium in prices underscores the current market sentiment, with key factors poised to shape future price trends.

Outlook and Expectations

Analysts anticipate that the buckwheat market will maintain its stability in the near future, characterized by sluggish purchase and sales activities. Attention is particularly drawn to the impact of imports on market dynamics. Presently, the domestic buckwheat base boasts surplus grain stocks, with imported supplies also meeting demand. However, farmers remain hesitant to sell amidst prevailing low prices.

Challenges and Demand Dynamics

One of the significant challenges facing the market is the insufficient capacity of downstream processing plants, which has dampened demand. As a result, there’s a need for demand restoration, especially considering the tepid enthusiasm observed in raw grain procurement activities. Consequently, the market awaits signals indicating a resurgence in demand from processing facilities, which could potentially inject momentum into the market.

Current Market Price in China for buckwheat kernel

Product  Name

Chinese Buckwheat kernel

TypeConventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Conventional Fob DalianUSD 890-920/mt – EURO 813-840/mt
Organic     Fob DalianUSD 990-1030/mt – EURO 904-941/mt
Delivery20 days after contract

 

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