News

Richard Dalian

May 2, 2024

Navigating Stability: Insights into China's Buckwheat Market from DALIAN

Navigating Stability: Insights into China's Buckwheat Market from DALIAN

In DALIAN's bustling agricultural scene, the buckwheat market unfolds with a narrative of stability and nuanced differentiation. Let's delve into the latest dynamics shaping the domestic buckwheat trade, highlighting trends in purchasing patterns, pricing strategies, and the impact of import markets.

Market Dynamics

  • Domestic buckwheat traders adopt a strategy of differentiation, contributing to an overall stable market environment. Presently, both purchases and sales of buckwheat are sluggish, with manufacturers primarily catering to existing clientele and basing pricing decisions on quality considerations.
  • Notably, high-quality buckwheat commands premiums, reflecting discerning consumer preferences. Market participants remain vigilant regarding the influence of import markets on domestic dynamics.

Price Trends

  • Farmers engage in selling at relatively low prices, contributing to a rigid and stable pricing landscape. Despite lower planting returns anticipated this year, the price of buckwheat remains resilient, primarily driven by stability in supply and demand dynamics.
  • Potential declines in the domestic buckwheat planting area loom on the horizon, reflecting broader shifts in agricultural practices and economic considerations.

Current Market Overview

The current market price for buckwheat kernel mirrors a scenario of steadfastness, with market participants navigating through the intricacies of supply and demand with caution. Differentiated offerings and quality premiums underscore the resilience of the buckwheat market in DALIAN.

As the buckwheat market in DALIAN maintains its equilibrium amidst evolving dynamics, stakeholders exhibit adaptability and foresight. With stability at its core, the buckwheat trade continues to chart its course, offering opportunities and challenges alike. Stay tuned for further insights into this resilient agricultural sector.

Current Market Price in China for buckwheat kernel

Product  Name Chinese Buckwheat kernel
TypeConventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Conventional Fob DalianUSD 880-920/mt - EURO 820-858/mt
Organic Fob DalianUSD 980-1010/mt - EURO 913-941/mt
Delivery20 days after contract
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