Chinese Hulled Millet: Changes in Weather Could Affect Sales

DALIAN: Grassroots grain sources are sufficient, and farmers’ enthusiasm for shipments will increase before the Spring Festival. After the first month, there will be a peak in grain sales. Most grain merchants in the Northeast have a moderate amount of inventory, and financial pressure is apparent. Their shipping mentality tends to be positive, and some intend to lose money to sell. Millet wholesalers are slow to deliver goods. Although they do not have too much inventory, their willingness to replenish goods is low. Rice mills consume insufficient raw grains, and they mainly consume stock before the Spring Festival.

Pay attention to whether there is snow around the Spring Festival and the road after the snow is slippery, which will affect the regular purchase and sales of the market. It is also necessary to pay attention to the epidemic situation and logistics changes.

Current Market Price in FOB China for Chinese hulled millet