Chinese Hulled Millet Prices Hold Steady Amidst Traditional Sales Off-Season

Market Analysis: Impact of Seasonal Factors on Millet Prices

As temperatures gradually rise across China, the market for millet experiences its traditional off-season for sales. Wholesalers are making sporadic purchases, with low replenishment willingness observed. Additionally, rice mill orders remain insufficient, contributing to intermittent start-up patterns. However, stable prices for raw grain cereals provide some support to millet prices amidst these conditions.

Current Pricing Trends and Demand Dynamics

Despite the off-season, the market price for Chinese hulled millet remains stable. The stability in raw grain cereal prices also plays a role in supporting millet prices during this period. However, with wholesalers showing limited replenishment willingness and rice mill orders lacking, demand dynamics remain unchanged.

The current stability in millet prices can be attributed to stable raw grain cereal prices. However, factors such as seasonal demand fluctuations and limited replenishment willingness from wholesalers may impact prices in the near term. Stay tuned for further market updates to gauge potential shifts in pricing trends based on evolving demand dynamics and supply conditions.

Current Market Price in FOB China for Chinese hulled millet

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