Hulled Millet Market Forecast for Chinese New Year Period

National grain prices in Dalian, China, were weak in the first half of January. As farmers’ motivation to ship increased, so did the volume of shipments from the base. With weak underlying demand, supply and demand factors in the market are intertwined.

With the middle of the Lunar New Year, a cold trade in the market before the Spring Festival, grain prices are expected to achieve general stability. With the return of the main body of trade to the market after the Spring Festival and the improvement in downstream demand, a slight recovery in grain prices is also possible.

Current Market Price in FOB China for Chinese Hulled Millet

Import/Export Statistics

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