Grains - Grains

Millet: slump in shipments to EU

April 27, 2022 10:23 AM, Der AUDITOR
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BEIJING/BRUSSELS. High prices are still subduing trading activities in China. Shipments to the EU declined sharply in 2021. The EU largely depends on imports from Ukraine.

High prices

High farmgate and export prices continued to subdue trading in China throughout April. The prices for hulled yellow millet still range at USD 1,300/mt FOB Dalian and for organic millet at USD 1,370/mt FOB Dalian. Buyers prefer to wait and sufficient supplies are available with trading almost at a complete standstill. Logistics have very much improved in Tongyu and in Chifeng. Buyers hope that prices will improve as soon as spring sowing is underway.

Millet, China

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