Chinese Hulled Millet: Trade Entities Operating Cautiously

DALIAN: Currently, when new and old grains are replaced, trading entities are cautious. The operating rate of rice factories is low, and the amount of raw grain is insufficient. Most of them stopped harvesting and waiting for new grains to be purchased and sold. Grain merchants generally stopped receiving, and some actively dealt with inventory, and the psychological shipment quotation continued to decline. Short-term old grain may tend to be priceless and have no market, and if the transaction price is stored, it may fall. Inner Mongolia new millet will be released and harvested at the end of August, and it will be listed on the market in early September or sporadically, which needs to be paid attention to.

Current Market Price in FOB China for Chinese Hulled Millet