Sufficient Domestic Supply

The domestic supply of buckwheat in Dalian remains sufficient, contributing to a stable market environment. Due to the low import prices, imported buckwheat enjoys a noticeable price advantage, enhancing its demand this year.

Procurement Trends

Producers are sourcing buckwheat both domestically and through imports, depending on their production needs. While part of the procurement is based on domestic orders, a significant portion is fulfilled through imports. However, the current demand for foreign procurement remains light.

Market Dynamics

Purchases and sales within the domestic buckwheat market are still slow. Farmers are facing low prices for their produce, while traders are supported by the cost of shipping prices. Despite the price advantage of imported buckwheat, which impacts some markets, buckwheat prices have remained stable.

Price Outlook

Given the current market conditions, buckwheat prices are not expected to fluctuate significantly in the coming week. The balance between domestic supply and the price advantage of imported buckwheat suggests that prices will likely remain stable.

The stability in buckwheat prices amid sufficient domestic supply and competitive import prices highlights the resilience of the market in Dalian. Stakeholders should continue to monitor procurement trends and market dynamics to make informed decisions in the upcoming weeks.