News

Richard Dalian

Apr 26, 2023

Imports Replace Domestic Buckwheat in China

Imports Replace Domestic Buckwheat in China

DALIAN: The demand for terminal sweet buckwheat rice noodles is weak, and the opening rate of processing plants is low. The raw grain inventory is mainly reduced, and the enthusiasm for replenishment is poor. The market is so calm, there is less purchase and sales. Due to the price advantage, China imported a total of 6,320.99 tons of European buckwheat in March, a month-on-month increase of 86.16%, a year-on-year increase of 835.32%, forming a replacement for domestic buckwheat. Short-term domestic sweet buckwheat prices are stable, pay attention to the change of the basic cargo volume and import situation.

Current Market Price in China for Buckwheat Kernel

Product  NameChinese Buckwheat kernel
Typeconventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Fob DalianUsd 1120-1150/mt
Delivery20 days after the contract
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