Grain Prices Hold Steady in Dalian as Producers Consume Pre-Holiday Stocks

In Dalian, grain prices have remained stable this week as producers predominantly consume pre-holiday stocks with no significant changes in purchasing costs. Following the first fifteen days of the month, rice factories are concentrating on re-entering the market, with original grain purchases being made based on demand, albeit in small quantities. The likelihood of phased centralized replenishment is minimal, given the limited improvement in downstream demand. Forecasts suggest an uptick in procurement volume next week, leading to increased supply. With a balance expected between supply and demand, grain prices are anticipated to remain predominantly stable.

Current Market Price in FOB China for Chinese hulled millet

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