Grains - Grains

Buckwheat: EU imports up by 15%

April 26, 2023 at 3:55 PM , Der AUDITOR
Play report as audio

BEIJING/KYIV. Sowing for the 2023 buckwheat crop is underway in Ukraine. Meanwhile, the Chinese market is under pressure due to import bans and the EU also increased its imports noticeably last year.

270 ha of buckwheat sown

Shipments of European buckwheat arrive regularly in China, with ports in Tianjin and Manjur being the main ports of call. Imports are putting pressure on the domestic market, as import prices are more attractive. Meanwhile, sufficient goods from the domestic crop are still available on the market, but demand here is limited. Prices could therefore decline further in the coming weeks. Conventional hulled buckwheat is currently offered for USD 1,130/mt FOB Dalian, for organic quality the offers are at a level of USD 1,210/mt FOB Dalian.

View related articles

Go to the News Overview
Dec 5, 2023
DALIAN/KYIV. Despite lower yields this season, larger cultivation areas in Ukraine have ensured that the millet crop has increased by 80% compared to last year. Meanwhile, the Chinese market remains quiet.
Nov 1, 2023
DALIAN/KYIV. Harvesting is nearing completion in Ukraine. Weak demand for millet is giving rise to concerns in China and shipments to Germany have declined.
Oct 30, 2023
DALIAN/KYIV. Buckwheat prices have declined sharply in China in recent weeks, but trading is relatively subdued. Harvesting is nearly complete in Ukraine.
Oct 11, 2023
DALIAN/GDANSK. As the Chinese millet market is in the low season, there is little buying interest and hardly any trading is taking place. This is also reflected in the prices. In Poland, meanwhile, the construction of the first grain port is planned.