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Richard Dalian

Jul 12, 2024

Stable Buckwheat Prices Amid Balanced Supply and Demand in Dalian

Stable Buckwheat Prices Amid Balanced Supply and Demand in Dalian

Overview of Buckwheat Market Dynamics

This week, the buckwheat market in Dalian has seen little change in the supply and demand pattern, resulting in generally stable prices. Variations in price have been minimal, either up or down, indicating a balanced market.

Domestic and International Price Differentials

One significant factor this year has been the expansion of domestic and international price differentials. This discrepancy has led domestic processing plants to source both domestic and imported buckwheat. The pricing for buckwheat products such as rice, flour, and husk shipments is now based on quality.

Impact on Domestic Farmers

Domestic farmers are selling their remaining buckwheat grain at low prices. Despite this, trader inventory costs continue to support the overall price levels. The stability in prices suggests that the market is absorbing the existing supply without significant disruptions.

Export Market Challenges

The export market for buckwheat is heavily influenced by shipping costs. These costs have a substantial impact on the competitiveness of buckwheat in the international market. As shipping expenses fluctuate, they can either support or hinder export activities.

In conclusion, the buckwheat market in Dalian remains stable with little change in supply and demand patterns. The influence of domestic and international price differentials and the impact of shipping costs on exports are key factors to monitor. This stability provides a positive outlook for farmers and traders, ensuring a consistent market environment.
Product  Name Chinese Buckwheat Kernel

Type

Conventional

Moisture

15.5 % max

Package

25kg paper bag

Purity

99.95%

Loading

20mt /20GP

Conventional Fob Dalian 

USD 820-850/mt - EURO 756-784/mt

Organic Fob Dalian 

USD 900-930/mt - EURO 830-858/mt

Delivery

20 days after contract

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