DALIAN: Luyuji organic new Millet has increased in the market. The northeast and Shanxi organic new Millet is at a mature stage. Some plots in Chifeng have been released. Recently, the weather has been rainy, and the moisture content of the new grains is high. The market may be concentrated on the 22nd when the weather is clear.
The weather forecast shows that the rains in Shandong, Hebei, and Henan from 17-19 will affect the listing of New Millet. There was still rain in the northeast in late September, and the listing time continued to be postponed. At the time of the alternation of new and old grains, the leading trade entities operated cautiously. Mengliao’s new Millet has matured one after another, and a few plots in Chifeng have been harvested. After the weather has cleared, the number of new grains on the market will increase, and there is a greater risk of prices falling. Luyuji Xinguzi is listed in a concentrated manner, and if there is a period of rain, it can restrain the price decline.
Current Market Price in China for organic hulled Millet
| Product Name | Organic hulled Millet |
| Purity | 99.95% |
| Moisture | 10% max |
| Package | 25kg paper bag |
| FOB Dalian | Usd1390/mt |
| Delivery | 25 days after signed the contract |