Anticipated Rise in Total Grain Output
In the new season, the total grain output is expected to see a significant increase. Farmers and grain traders holding stocks are more active in shipping their goods, leading to an increased supply pressure within the circulation chain.
Off-Season Impact on Rice Mills
During the off-season, rice mills are operating at a low start rate. This results in insufficient consumption of the original grain, causing inventory levels to rise. Consequently, the demand side of the grain market is experiencing a shortfall.
Supply and Demand Contradictions
The market is currently facing clear supply and demand contradictions. With the increased supply pressure and insufficient demand, grain prices are expected to decline as stocks continue to build up.
Market Outlook
The coming weeks will be crucial in determining the extent of the impact on grain prices. Stakeholders are advised to monitor the situation closely as the market adjusts to the increased output and fluctuating demand.
Product Name |
Chinese Hulled Millet |
|
Purity |
99.95% |
|
Moisture |
10% max |
|
Package |
25kg paper bag |
|
Conventional FOB Dalian |
USD 1230-1250/mt – EURO 1145-1163/mt |
|
Organic FOB DALIAN |
USD 1290-1320/mt – EURO 1200-1228/mt |
|
Delivery |
25 days after signing the contract |