Buckwheat Field

Supply and Demand Contradiction in Chinese Buckwheat Kernel Market

Mintec Global
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Conventional Buckwheat

Dalian: Processing plant stage replenishment came to an end and the raw grain into the destocking stage. Chinese buckwheat merchants slow down, and purchasing enthusiasm decreased. European buckwheat has arrived, concentrated in Manzhouli port and Tianjin port, the net grain price reference is 720 US dollars/ton, with a certain price advantage. The increase in circulation will increase the market supply pressure and the impact of domestic buckwheat demand.

Organic Buckwheat

Dalian: The price of sweet buckwheat was stable and strong, and there were different demands in different producing areas. From the perspective of supply, the basic grain supply is sufficient, the enthusiasm of farmers before spring sowing, and the quantity of goods will increase. From the point of view of demand, the opening rate of processing plants declines, and the raw grain consumption is reduced. Market supply and demand contradiction still exist.

Current Market Price in China for Buckwheat Kernel

Product  NameChinese Buckwheat kernel
Typeconventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Fob DalianUsd 1140-1170/mt
Delivery20 days after contract

Current Market Price in China for Organic Buckwheat Kernel

Product  NameOrganic buckwheat kernel
TypeOrganic
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Fob DalianUsd 1240-1270/mt
Delivery20 days after the contract

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