News

Richard Dalian

Aug 12, 2024

Dalian Buckwheat Market Faces Slow Sales and Supply Stalemate

Dalian Buckwheat Market Faces Slow Sales and Supply Stalemate

Limited Residual Grain and Low Prices

In Dalian, the current supply of buckwheat from domestic farmers is limited, with residual grain stocks running low. Farmers are selling at low prices, contributing to a slow market with primarily on-demand purchases. This has led to a supply and demand stalemate in the domestic market.

Advantage of Imported Buckwheat

Imported buckwheat holds a clear price advantage over domestic supplies. This year's buckwheat planting area in China has decreased compared to last year, exacerbated by drought conditions in some producing areas. The market must closely monitor weather conditions, as they will significantly impact the growth and quality of the new grain.

Weather Impact and Future Outlook

The reduction in planting area and adverse weather conditions highlight the need for careful observation of future harvests. With domestic supply constrained and slow market activity, the price advantage of imported buckwheat may continue to play a crucial role in meeting demand.

The Dalian buckwheat market is currently experiencing a challenging period of low supply and slow sales. As farmers sell off their remaining stocks at low prices and weather conditions threaten future harvests, the market remains in a delicate balance. Stakeholders should closely monitor weather patterns and market trends to adapt their strategies accordingly. The continued advantage of imported buckwheat may help alleviate some pressure, but the overall market outlook remains uncertain.
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 870-900/mt - EURO 795-822/mt

Organic  Fob Dalian 

USD 960-990/mt - EURO 877-904/mt

Delivery

20 days after contract

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