In Dalian, off-season exporters are grappling with a reduction in raw grain processing, leading to an elongated inventory cycle. Despite this, market demand fails to exert a significant pulling effect on the grain market. With supply dynamics remaining dominant, grain prices are largely influenced by the ongoing selling mentality among farmers ahead of spring sowing.
Supply Dynamics and Price Trends
At this stage, supply continues to be the primary factor shaping grain prices. The prevailing mentality among farmers to sell ahead of spring sowing further restricts the availability of grains in the circulation link, thereby providing some support to prices. However, the lack of substantial demand-driven momentum makes it challenging for price declines to establish a definitive trend. In the short term, prices are expected to remain firm, with the possibility of minor downward adjustments in local markets.
Market Outlook
As the inventory cycle lengthens and market demand struggles to gain traction, stakeholders in Dalian’s grain market remain cautious. The delicate balance between supply and demand dynamics underscores the need for vigilance and adaptability among market participants. Monitoring evolving trends in both domestic and international markets will be crucial in navigating uncertainties and optimizing trading strategies in the grain sector.
Current Market Price in FOB China for Chinese Hulled Millet
Product Name |
Chinese Hulled Millet |
| Purity | 99.95% |
| Moisture | 10% max |
| Package | 25kg paper bag |
| Conventional FOB Dalian | USD 1160-1190/mt – EURO 1085-1113/mt |
| Organic FOB DALIAN | USD 1220-1250/mt – EURO 1141-1169/mt |
| Delivery | 25 days after signing the contract |