DALIAN: The price of organic millet was stable, but it is weak this week. In winter, the demand for millet is sluggish, exporters consume a small amount of inventory, and there is no enthusiasm for replenishment before the Spring Festival. Traders mainly destock, which are high-priced sources in the early stage, and part of their profits is impaired. In most production areas, the grassroots grain source is 60-70%, the intermediate links have a moderate inventory, and the market supply pressure is apparent.
The demand for terminal millet is weak, wholesalers are slow to restock, and the enthusiasm for replenishment before the Spring Festival is poor. Exporters are cautious about replenishment before the Spring Festival, and some plan to purchase after the holiday. Pay attention to changes in demand next week.
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 | Usd1420-1450/mt |
| Delivery | 25 days after signing the contract |