Grains - Grains

Buckwheat: price declines in China

April 5, 2023 at 12:51 PM , Der AUDITOR
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DALIAN. Imports put pressure on prices in the Chinese market. Meanwhile, Germany is increasingly buying goods from Latvia and Kazakhstan.

Imports put prices under pressure

Prices for Chinese buckwheat are under pressure. Prices for imported goods are more attractive and domestic demand remains subdued. Thus, slight downward price corrections were also noticeable in March. Conventional hulled buckwheat is currently being offered for USD 1,140/mt FOB Dalian, while offers for organic quality are at a level of USD 1,230/mt FOB Dalian. Meanwhile, prices for hulled buckwheat, 99.5% purity from Poland are at EUR 1.35/kg FCA Poland.

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