DALIAN: 50-60% of the grain sources are at the grassroots level, and there is a certain amount of supply in the intermediate links in most production areas. In addition, the old grains are carried over, and the market supply pressure is apparent. Before spring sowing, farmers will be more motivated to ship goods, and grain merchants may centrally handle inventory.
The demand for terminal millet is weak, the operating rate of rice factories is low, and the amount of raw grain is insufficient. The contradiction between supply and demand in the market is sharp, and there is no upward momentum in the short-term at grain price. In the long run, there is a greater risk of falling back. Trade entities need to operate cautiously.
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 | Usd1330-1360/mt |
| Delivery | 25 days after signing the contract |