Millet Field

Risk of Price Downturn Intensifies at Chinese Organic Hulled Millet

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DALIAN: In winter, the demand for organic millet is weak, and wholesalers in the domestic market sell sporadically, mainly consuming a small amount of inventory and the willingness to replenish after the Spring Festival is low. Rice mills in the export market lacked new orders, the operating rate remained low, and some production was temporarily suspended. The amount of raw grain is limited, the enthusiasm for replenishment is poor, and the downstream demand is weak. Grain merchants in the producing areas are sluggish in delivery, and most of them stop harvesting. There is a certain amount of inventory in the intermediate link, and the initial procurement cost is high. If it is shipped along with it, the profit will be damaged.

Mintec Global

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 Usd1400-1430/mt
Delivery 25  Days after signed the contract