Domestic Market Stability

Currently, buckwheat prices in domestic production areas of Dalian remain mostly stable, with some local fluctuations. The market stability is attributed to several factors, including limited sales from farmers in the producing regions due to low prices.

Slow Downstream Market Activity

Purchases and sales in the downstream market are proceeding slowly. Buyers are purchasing on an as-needed basis, which has led to a supply and demand stalemate. This cautious approach from buyers is contributing to the overall market stability.

Imported Buckwheat Advantages

Imported buckwheat continues to hold a price advantage. However, there is a backlog of imported buckwheat at Tianjin port. Despite this, high-quality domestic buckwheat is priced according to its quality, maintaining its market position.

Decline in Domestic Planting Area

This year, the domestic buckwheat planting area is expected to decline compared to the previous year. This reduction in planting area could influence future market dynamics and pricing.

The current buckwheat market in Dalian highlights the balance between stable domestic prices and the competitive advantage of imported buckwheat. With a supply and demand stalemate and a decline in planting areas, the market is poised for potential changes. Stakeholders should monitor these trends closely to adapt their strategies and capitalize on market opportunities. The future of the buckwheat market will depend on how these factors evolve and impact supply and demand.