Chinese Hulled Millet: Post Market Analysis

DALIAN: Exporters reported that in May, during the spring sowing period, the sales progress of Xiaomi slowed down. From May to July, millet was in the traditional off-season of sales, the operating rate of rice factories decreased, and the consumption of raw grains shrank. In May, the production area was dominated by spring crops, and farmers’ willingness to sell grain was sluggish. The sown area of the new millet is expected to decrease, and grain traders are optimistic about the market outlook. From June to July, pay attention to the emergence and growth of new millets. The emergence of seedlings is good, and farmers and grain merchants are highly motivated to ship; if the weather is dry and the emergence rate drops, the market may suppress the goods.

Current Market Price in FOB China for Chinese Hulled Millet