Millet: Germany increases import volume

August 2, 2023 at 3:29 PM , Der AUDITOR
Play report as audio

DALIAN. Germany has increased its millet imports by around 14% in May 2023, but the seasonal deficit cannot be wiped out. Meanwhile, millet prices are stagnating in China.

Stalemate in the market

The Chinese millet market is in a stalemate. Buyers were looking for lower prices, but growers do not want to accept this for the time being. For this reason, offers have remained at a largely fixed level for several weeks. Hulled millet is still at USD 1,250/mt FOB Dalian, and exporters are still asking USD 1,320/mt FOB for organic millet.

Hulled millet, China

Type

View related articles

Go to the News Overview
Grains
Dec 18, 2024
LIMA. Favoured by the significantly better production result, quinoa exports from Peru increased significantly again this year. But it was not only Peruvian traders who were able to increase their shipments to the EU.
Grains
Dec 4, 2024
DALIAN/KYIV. Traders in China are still busy buying buckwheat from other countries. Yields are only showing a small uptick in Ukraine. As recent EU import statistics illustrate Kazakhstan has gained impressive market shares.
Grains
Dec 4, 2024
DALIAN/KYIV. Supply pressue is an issue for millet in China. Harvesting is nearly complete in Ukraine. EU imports have slumped.
Organic Commodities
Nov 12, 2024
ASUNCIÓN. As yields dropped to shockingly low levels for chia seeds in South America, the new season started off with a shock for the market. Silver lining is that things may change in December.