News & Updates

Chinese Buckwheat Kernel: Imported Buckwheat Cannot Hit the Market

by | Apr 28, 2022 | Buckwheat, Grain

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Inner Mongolia/Dalian: According to customs data, the import volume of buckwheat in March was 675,81 tons, a decrease of 129,63 tons from February, a month-on-month decrease of 16,09%, mainly due to the limited domestic logistics conditions.

Grain sources at the grassroots level in most production areas are about 10%, and there is a certain amount of inventory in the intermediate links. Grain merchants who hold goods are in waiting and seeing positions. In the short term, if European buckwheat is challenging to circulate normally, the price of domestic buckwheat may be well supported, and the concentrated arrival of buckwheat will impact the domestic market.

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
Fob Dalian Usd 1290-1330/mt
Delivery 20  days after the contract

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