Chinese Hulled Millet: Is Buying and Selling Deadlocked?

DALIAN: Consumers concentrated on stockpiling staple grains such as rice and flour in mid-to-late January. At present, the terminal is still in the digestion period, and it has largely replaced millet in terms of diet. Xiaomi wholesalers sell goods sporadically, mainly consuming a small amount of inventory, and there is no enthusiasm for replenishment before the Spring Festival. The rice mills lack new orders, the operating rate is low, the raw grain consumption is insufficient, and most harvests are stopped in stages. Grain merchants in the producing areas are sluggish in selling goods, holders of goods continue to destock, and market purchases and sales are deadlocked.

Current Market Price in FOB China for Chinese Hulled Millet