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Organic buckwheat kernel: Price decline before the Spring Festival

by | Dec 16, 2021 | Buckwheat, Grain

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DALIAN: According to market feedback, the demand for organic buckwheat kernels is weak, exporters are mainly destocking, new orders have decreased, and factories without charges have ceased production. Buckwheat raw materials especially consume inventory, and the enthusiasm for replenishment is poor.

It is not uncommon for grain merchants in producing areas to stop harvesting and purchase a small amount of tentatively low prices. Still, farmers are unwilling to sell in small quantities, and the market is deadlock. The market predicts that the cost of organic buckwheat will not rise in the short term, and the domestic organic buckwheat price is expected to drop slightly before the Spring Festival.

Current Market Price in China for organic buckwheat kernel

Product  Name Organic buckwheat kernel
Type Organic
Moisture 15.5 % max
Package 25kg paper bag
Purity 99.95%
Loading 20mt /20GP
Fob Dalian Usd 1310-1350/mt
Delivery 20  days after the contract

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