DALIAN: In most production areas, 30-40% of the grass-roots grain sources, and there is a certain amount of inventory in the intermediate links. Coupled with the carryover of old grains, the market supply is sufficient. In the off-season, the demand for millet is weak, and the operating rate of rice factories has declined. The consumption of raw grain has shrunk, and the contradiction between supply and demand is obvious.
The planting of new millet was basically completed, and the emergence of seedlings in most production areas was smooth. After the busy farming season in June, farmers may sell old grains one after another. There will be a certain risk of falling grain prices at that time. Pay attention to the growth of new grains and changes in the operation of trade entities.
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 | Usd1280-1320/mt |
| Delivery | 25 days after signing the contract |