Dalian Grain Prices Stable as Producers Use Pre-holiday Stocks

In Dalian, grain producers are primarily consuming pre-holiday stocks, leading to continued stability in purchasing costs this week. Despite the return of rice factories to the market focus in the initial fifteen days of the month, there has been minimal change in purchasing patterns, with original grain procurement occurring only in small quantities based on demand. The likelihood of centralized replenishment in phases remains low, as downstream demand shows limited improvement.

Forecasts indicate a potential increase in procurement volume in the upcoming week, accompanied by a rise in supply. Given the equilibrium between supply and demand, grain prices are expected to remain predominantly stable.

As the market navigates through current dynamics, stakeholders remain vigilant for any shifts that may impact grain prices and trade activities in the near term.

Current Market Price in FOB China for Chinese hulled millet

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