News & Updates

Chinese Buckwheat kernel: Market downturn and prices decline

by | Dec 16, 2021 | Buckwheat, Grain

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Inner Mongolia/Dalian: The price of domestic buckwheat kernels was stable this week. There is a certain amount of inventory in the intermediate links, and the holders have a mentality of keeping prices, which temporarily restrains the decline in buckwheat prices.

Incomplete export orders at the port have reduced the volume of goods shipped. Domestic demand is sluggish, and market purchases and sales are deadlocked. In the short term, we will pay attention to the changes in Russian buckwheat imports and the mentality of market entities. The price of buckwheat may be adjusted slightly before the end of the month, and there is no apparent rise or fall.

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 1230-1260/mt
Delivery 20  days after the contract

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