Dalian Agricultural Market Faces Decline Amid Weak Demand

Market Overview: Supply and Demand Imbalance

The agricultural market in Dalian is currently experiencing a notable imbalance between supply and demand. Wholesalers are witnessing sporadic sales, and their enthusiasm for replenishment remains low. This trend is significantly impacting the overall market dynamics.

Weak Terminal Demand

Reduced Consumer Interest

Consumer demand at the terminal level continues to be weak, further exacerbating the market challenges. This reduced interest from end-users is contributing to the sluggish movement of agricultural products through the supply chain.

Impact on Exporters

Exporters in the region are also facing difficulties due to insufficient new orders. This lack of demand has forced some exporters to either partially shut down their operations or undergo maintenance phases to cope with the reduced activity.

Grain Prices in Decline

Downward Trend in Producing Areas

Grain prices in the producing areas are showing a consistent downward trend. This decline is primarily driven by the reduced cost of raw grain arrivals at rice mills, which is influencing the overall pricing structure in the market.

Millet Prices Expected to Steadily Decline

Given the current market conditions, experts anticipate a steady decline in millet prices in the near future. This expectation is based on the ongoing decrease in raw grain costs and the overall weak demand environment.

Conclusion: Navigating the Market Challenges

The Dalian agricultural market is facing significant challenges due to the obvious contradiction between supply and demand. With terminal demand remaining weak and exporters struggling with insufficient new orders, stakeholders need to strategize effectively to navigate these market conditions. As grain prices continue to decline, especially for millet, market participants must stay informed and adaptable to the evolving economic landscape.

 

Product Name	Chinese Hulled Millet
Purity	99.95%
Moisture	10% max
Package	25kg paper bag
Conventional FOB Dalian	USD 1230-1250/mt – EURO 1139-1158/mt
Organic  FOB DALIAN	USD 1290-1320/mt – EURO 1195-1223/mt
Delivery	25 days after signing the contract