Hulled Millet in hand Insufficient Demand in Hulled Millet Market

Chinese Organic Hulled Millet: Downturn in the Market and The Risk of Falling prices

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DALIAN: More than 60% of the grassroots grain sources of organic millet are available in most production areas, and there is a moderate amount of inventory in the intermediate links. In addition, the old grain is carried over, and the market supply pressure is apparent. Before the Spring Festival, the willingness of farmers to ship goods has increased, and the difficulty of loading goods at the grassroots level has been reduced.

Grain holders are not optimistic about the market outlook, and they are also actively selling grain to ease the pressure on funds and warehouses. However, the downstream demand has not improved, the grain merchants are sluggish, and the market transaction volume is low. Grain prices continued to decline, and the actual transaction prices of the same variety were different due to different quality.

Mintec Global

Current Market Price in China for Organic Hulled Millet 

Product Name Organic Hulled Millet
Purity 99.95 %
Moisture 10% max
Package 25 kg paper bag
FOB Dalian Usd 1400-1400/mt
Delivery 25  days after signing the contract