Grains - Grains

Buckwheat: price declines in China

April 5, 2023 at 12:51 PM , Der AUDITOR
Play report as audio

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.

View related articles

Go to the News Overview
Feb 7, 2024
DALIAN. Large stocks and low demand could put pressure on prices; this is not immediately apparent to foreign buyers due to increased freight costs, nevertheless it is causing concern for Chinese exporters.
Feb 6, 2024
DALIAN. High freight costs are making buckwheat trade difficult for Chinese exporters. In addition, domestic demand also leaves much to be desired.
Jan 18, 2024
DALIAN. Imported buckwheat is outperforming the domestic crop in the Chinese market. Meanwhile, the first few months of the new season have seen noticeable shifts in the main sourcing countries for German imports.
Jan 18, 2024
DALIAN. The Chinese millet market remains quiet in the new year so far. Meanwhile, Germany has increased its imports from Russia massively.