India’s Millet Price Surged 24.3% YoY in W49 Amidst High Demand and Supply Challenges

곡물 및 시리얼

Published 2023년 12월 15일

In W49, millet prices in India surged by 24.3% YoY to USD 0.30/kg but declined by 6% MoM and 14% WoW. The rise in millet prices is due to increased demand driven by the entry of FMCG majors, introducing new millet-based products, leading to supply challenges influenced by weather fluctuations and causing a significant spike in prices.

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