Grains - Grains

Millet: Germany increases imports from China and Ukraine

January 18, 2022 at 12:50 PM, Der AUDITOR
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BEIJING/KIEV. Ukraine has been able to multiply its millet exports in recent years, but a significant drop in production is likely to affect this season's export volume. Meanwhile, there is a lack of demand in the Chinese market.

Little demand before the New Year

In the Chinese market, demand for hulled millet is limited; according to market players, consumers are increasingly stocking up on rice and flour. The slow sales mean that processors and traders are also holding back on additional raw material purchases before the Chinese New Year. Export prices for hulled millet have fallen by USD 10/mt compared to last week and are at USD 1,350/mt FOB Dalian for conventional goods and USD 1,420/mt FOB for organic millet.

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