DALIAN: According to market reports, the current dry weather in Shaanxi, Gansu, and Ningxia has caused the poor growth of new buckwheat. Plant heights in Yulin, Shaanxi vary from 10 to 30 cm.
Farmers continue to hesitate to sell the grass-roots aged grains within 10%, increasing the difficulty of getting the goods and temporarily restraining the price decline. However, domestic demand is weak, port export orders are scarce, and market transactions are low. The short-term focus on rainfall and the growth of new grains will directly affect the mentality of market entities and the rise and fall of old grain prices.
Buckwheat prices are mainly stable this week. Export quotation FOB DLIAN OR TIANJIN: USD 1240-1260/MT.
Current Market Price in China for buckwheat kernel
|Product Name||Buckwheat kernel|
|Moisture||15.5 % max|
|Package||25kg paper bag|
|Fob Dalian||Usd 1250/mt|
|Delivery||20 days after the contract|
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