Chinese Organic Hulled Millet: Market Downturn

DALIAN: In summer, the temperature of the whole country generally rises. From the perspective of eating habits and storage, it is not conducive to the sales of organic millet. Wholesalers take out goods sporadically, mainly consuming a small amount of inventory, and sporadic purchases have no impact on the market. Exporters lack new orders, and most small and medium-sized rice mills only ship about one car per week. The phenomenon of an intermittent start-up is expected, some stages are stopped, or equipment is overhauled. The amount of raw grain is insufficient, and the enthusiasm for replenishment is poor. The downstream demand is weak in the off-season, and the market transaction volume is limited. Pay attention to the downstream demand changes at the month’s end. If there is a phased purchase, the grain merchants who hold the goods may take the initiative to raise the grain price.

Current Market Price in China for Organic Hulled Millet