Market Forecast for Chinese Hulled Millet

Chinese Organic Hulled Millet: Increased Risk of Price Declines

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DALIAN: The organic millet grain source is sufficient, and some farmers intend to ship it before the spring sowing. Downstream demand is weak, and grain merchants have stopped or lowered their prices to purchase. Affected by the public health incident, the transportation and logistics of Tongyu, Baicheng, Jilin were restricted, and it was difficult for the local source of goods to be delivered.

The contradiction between supply and demand in the market is prominent, and there may still be a risk of a decline in grain prices before spring sowing. Paying attention to public health events, changes in the mentality and operation of trade entities will also affect the fluctuation of grain prices.

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 Usd1360-1400/mt
Delivery 25 Days after signing the contract