Grains - Grains

Buckwheat: supplies are tight

January 18, 2022 at 11:42 AM, Der AUDITOR
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BEIJING/MOSCOW. Stocks are low in China, yet buckwheat prices have been adjusted again ahead of the New Year. Meanwhile, Germany's imports are down 13% this season.

Supply is tight

In general, producers are currently somewhat reluctant to sell their buckwheat, which makes it difficult for many traders and processors to get hold of raw materials. Intermediaries still have moderate stocks, but here, too, supplies are starting to get tight. Russian buckwheat is not an option for Chinese buyers this year due to high prices, although production there has risen to 921,000 mt this season (2020: 892,000 mt), according to Rosstat. However, low import volumes ahead of Chinese New Year are boosting sales of local products in the domestic

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