DALIAN – According to market statistics, China’s organic buckwheat exports volume was only 188,32 tons in July 2021, a decrease of 46.51% month-on-month and a year-on-year decrease of 74.58%.
From January to July, the total export volume was 3.759,66 tons only, a year-on-year decrease of 57.82%, and overseas demand was weak. In the off-season, domestic demand is weak, manufacturers’ operating rate is low, and enthusiasm for replenishment is poor.
Zhuo Chuang Information believes that the price of old grains will not rise before the availability of the new organic buckwheat. The new crop buckwheat in Inner Mongolia may be available in early September. By then, local and surrounding grain merchants and factories will concentrate their purchases. However, the sea freight rates will remain a huge problem for exports.
Current Market Price in China for organic buckwheat kernels
|Product Name||Organic buckwheat kernels|
|Moisture||15.5 % max|
|Package||25kg paper bag|
|FOB Dalian||USD 1.280/mt|
|Delivery||20 days after the contract|
The following reports may be of interest to you: