DALIAN: According to feedback from market participants, the harvest of organic buckwheat in Inner Mongolia has begun this week, and some new buckwheat has been on the market. Due to the gradual increase in inquiries from foreign buyers recently, exporters have begun pre-sale quotations.
The pre-sale price of organic buckwheat kernels is 1.270. -1.310 U.S. dollars per ton, but due to the high moisture content of the new goods, the delivery date is expected to be around mid-October. The concentrated procurement time for domestic and foreign markets will start around mid-to-late October. Mainly exported to European Union, American market, Southeast Asian market, Japan, and South Korea market. Provide favourable support for new grain prices.
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 1290/mt|
|Delivery||20 days after the contract|
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