DALIAN: Some production areas are restricted by logistics, and it is difficult to find a car which hinders the delivery. In early April, downstream demand improved slightly, and grain prices in producing areas rose slightly. Demand began to shrink at the beginning of last week, and local prices retreated within a narrow range. There is no demand for the market in the short term, and it is difficult for the price of millet to rise.
With the increasing enthusiasm of farmers and grain merchants to ship goods, prices may fall back before the end of the month. Logistics restrictions have made it difficult for some production areas to circulate goods or have restrained the decline in millet prices.
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 | Usd1270-1300/mt |
Delivery | 25 days after signing the contract |