News

Richard Dalian

Jul 29, 2024

Buckwheat Supply in Dalian Remains Sufficient Amid Low Import Prices

Buckwheat Supply in Dalian Remains Sufficient Amid Low Import Prices

Domestic and Imported Buckwheat Supply

The domestic supply of buckwheat in Dalian is currently abundant, primarily due to the low prices of imported buckwheat, which present a significant price advantage. This year's demand for imported buckwheat has increased as a result.

Pricing and Quality

Buckwheat and its downstream products are mainly priced according to quality. The downstream processing plants are operating at a low start rate, sourcing both domestic and imported goods based on orders.

Stable Price Expectations

Despite the price advantage of imported sources, the cost of buckwheat from its origin supports stable prices in the short term. Market participants expect buckwheat prices to remain stable due to these factors.

The current market conditions in Dalian highlight the importance of cost-effective sourcing and the role of quality in pricing strategies. The stable supply and competitive pricing of imported buckwheat contribute to a balanced market, benefiting both suppliers and buyers.
Product  Name Chinese Buckwheat Kernel
TypeConventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Conventional Fob DalianUSD 850-890/mt - EURO 781-817/mt
Organic Fob DalianUSD 940-970/mt - EURO 863-891/mt
Delivery20 days after contract
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