DALIAN: The grassroots grain source is 60% to 70% in most production areas, and the intermediate links have a particular supply source. Coupled with the carryover of old grains last year, the market supply pressure is evident.
The quality of the supply and the mentality of the grain merchants are different, and there are differences in the quotations of the same variety. The demand for terminal millet is weak, wholesalers are slow to deliver goods, and the enthusiasm for replenishment is poor. The rice mills lack new orders; some phased out of production, insufficient raw grain consumption, and pre-stock consumption. The contradiction between supply and demand in the market is prominent. Many experts assume that prices will continue to fall.
Current Market Price in FOB China for Chinese hulled millet
| Product Name | Chinese Hulled Millet |
| Purity | 99.95% |
| Moisture | 10% max |
| Package | 25kg paper bag |
| FOB Dalian | Usd1360-1410/mt |
| Delivery | 25 days after signing the contract |