DALIAN: Exports of organic buckwheat kernels increased in March, mainly due to the war in Ukraine and Russia, which forced European buyers to source from China. However, with the lifting of the ban at the Manzhouli port, a small amount of Russian buckwheat enters the Chinese market, which will impact the domestic market price. However, logistics in Inner Mongolia and Liaoning are still limited, and it is difficult for the supply of goods to reach the factory. Raw grain procurement still relies on domestic buckwheat. Zhuochuang Information believes that domestic organic buckwheat prices may continue to strengthen until the Russian buckwheat is freely circulated. At present, the domestic organic buckwheat export reference price is 1.380-1.420 yuan/ton, and net grain, with a certain price advantage, pay attention to the later market price changes.
Current Market Price in China for Organic Buckwheat Kernel
|Product Name||Organic buckwheat kernel|
|Moisture||15.5 % max|
|Package||25kg paper bag|
|Fob Dalian||Usd 1380-1420/mt|
|Delivery||20 days after the contract|