Chinese Hulled Millet: Positive Support for Short-Term Prices

DALIAN: In most production areas, the grassroots grain source is about 20%, the intermediate link inventory accounts for about 15%, and the market supply is still relatively loose. However, the total output of the new millet is expected to decrease, and grain merchants are optimistic about the long-term market in the later period. At present, the fluctuation of grain price has been separated from the market supply and demand side, and there is positive support for short-term grain prices. It may be adjusted slightly before the end of August, and continue to pay attention to the growth of new grain.

Current Market Price in FOB China for Chinese Hulled Millet