Dalian: The new season's millets are currently in the filling and maturity stages, and a significant increase in total production is expected. Off-season rice mills have low start-up rates and insufficient raw grain utilization, with most in a clearance phase. Enthusiasm for replenishment is low.

As the new season's grain output is expected to rise, farmers and grain merchants are actively shipping their products before the market listing, leading to significant supply pressure in the circulation chain. Given the strong supply and weak demand pattern, it is anticipated that grain prices will stabilize or decline in the near future.

Current Market Price in FOB China for Chinese hulled millet