News

Richard Dalian

Jul 22, 2024

Domestic Buckwheat Market Stable Amid Sufficient Imports

Domestic Buckwheat Market Stable Amid Sufficient Imports

Current Supply Situation

In Dalian, the grain supply consists of both domestic and imported buckwheat, with production being order-based. This ensures the market remains adequately supplied despite fluctuating demand.

The domestic buckwheat market currently shows a 1-3% residual grain at the grass-roots level. Imported buckwheat supplies are sufficient, and manufacturers are primarily focused on digesting existing inventory and making purchases based on demand.

Market Demand and Procurement Trends

Market demand is yet to fully recover, leading to a general lack of enthusiasm for raw grain procurement. Purchases are largely sales-oriented, reflecting the cautious approach of market participants.

Price Adjustments

This week, the shipping prices for buckwheat rice have seen a slight increase, following adjustments in the producing areas. This reflects the market's response to the current supply and demand dynamics.

The Dalian buckwheat market remains stable due to a balanced supply of domestic and imported grains. As market demand gradually recovers, maintaining a flexible approach to procurement and production will be essential for manufacturers. The slight price adjustments indicate a market that is responsive to supply chain changes, ensuring stability in the near term.
Product  Name Chinese Buckwheat Kernel
TypeConventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Conventional Fob DalianUSD 820-850/mt - EURO 753-780/mt
Organic     Fob DalianUSD 900-930/mt - EURO 826-854/mt
Delivery20 days after contract
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