News

Richard Dalian

Oct 25, 2024

Dalian’s Buckwheat Market Faces Price Decline Amid Sufficient Supply and Low Import Prices

Dalian’s Buckwheat Market Faces Price Decline Amid Sufficient Supply and Low Import Prices

Abundant Buckwheat Supply and Lower Import Prices Push Prices Down in Dalian

As the grain sales period continues, Dalian’s buckwheat market is seeing a decline in prices, largely due to sufficient supply and competitive pricing from imports. With a steady flow of both domestic and imported buckwheat, and downstream demand remaining slow, market prices are trending downward.

Strong Supply Keeps Buckwheat Prices Competitive

This year, an increase in imported buckwheat has ensured a sufficient supply, helping maintain a price advantage in the domestic market. With both domestic and imported sources available, buckwheat and its downstream products are priced primarily based on quality. The market is order-driven, with procurement being tailored to meet specific production needs.

Sluggish Downstream Demand

Currently, the demand from downstream procurement remains slow, which has contributed to the price drop in buckwheat. As buyers take a cautious approach amid ample supply, prices are expected to stay competitive in the near term.

Market Outlook: Price Stability Expected Amid Sufficient Supply

With sufficient supply and low import prices, Dalian’s buckwheat market is likely to maintain its competitive pricing. As the sales period continues, any price fluctuations will depend largely on changes in downstream demand and shifts in the quality of available stock.

Current Market Price in China for Buckwheat Kernel





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Product  Name Chinese Buckwheat Kernel
TypeConventional
Moisture15.5 % max
Package25kg paper bag
Purity99.95%
Loading20mt /20GP
Conventional Fob DalianUSD 720-750/mt - EURO 664-692/mt
Organic     Fob DalianUSD 800-830/mt - EURO 738-766/mt
Delivery20 days after contract
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