DALIAN: Organic buckwheat in the production area is inadequate grassroots, and farmers are generally reluctant to sell it. It is difficult for exporters to load the goods, which is good support for the price of buckwheat. Although the market supply is small, there is no gap. For the time being, the downstream demand is weak, and the price lacks momentum. The drought situation in Shaanxi, Gansu, and Ningxia is difficult. The new buckwheat production is expected to decrease strongly, and some plots have no harvest.
Wuchuan and Baotou’s new buckwheat is in the filling period and can be harvested before the end of the month. By then, local and surrounding grain merchants, processing plants, or centralized purchases. The new buckwheat in the Hohhot base in Inner Mongolia is in the filling period. The weather is dry, and the situation is not good. There is a certain expected reduction in production, the harvest time has been delayed, and the next rainfall is concerned. The grass-roots old grains are sold out, and grain merchants wait and see for new grains to be launched.
Current price chart for buckwheat
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 1310/mt|
|Delivery||20 days after the contract|
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