Chinese Hulled Millet: Market Affected by the Epidemic

Hulled Millet

DALIAN: The price of new millet was adjusted frequently, the downstream demand started slowly, and the enthusiasm of grain merchants to purchase decreased. Affected by the epidemic, transportation and logistics in some areas of Chifeng were restricted, which affects market purchases and sales. In the middle and late September, the listed varieties and quantities of Mengliao new millet increased, and rice mills were more flexible in the selection of raw grain varieties. With the release of supply, there may still be room for price decline before the end of the month. Continue to pay attention to changes in logistics.

Organic Hulled Millet

DALIAN: Since late August, new millet has been harvested in Chifeng Tianshan, Daban and other areas of Inner Mongolia. The listing volume increased slightly in early September, and the price was in a downward channel. After the 10th day of September, the price stopped falling and rebounded. The new millet in Mongolia and Liaoning will be harvested in a concentrated manner before the end of the month, and the listed varieties and quantities will increase, and the downstream rice mills will be more flexible in the selection of raw grains. Millet ushered in the peak sales season, and the operating rate of rice factories will pick up. When the raw grain is purchased in a centralized manner, it can form a positive support for the grain price.

Current Market Price in FOB China for Chinese Hulled Millet