Chinese Hulled Millet: Price Is at Risk of Falling

DALIAN: This week, the country is generally hot, and the demand for terminal millet is weak. The operating rate of manufacturers has declined, the staged production shutdown is common, the consumption of raw grains has shrunk, and the enthusiasm for replenishment is poor. From the perspective of supply and demand, the price of grains is easy to fall and difficult to rise before the end of the month. Due to the expectation that the total output of new millet will decrease in autumn, grain merchants are optimistic about the long-term market outlook. The price support mentality will continue to exist, or the room for millet price decline may be restrained.

Current Market Price in FOB China for Chinese Hulled Millet