DALIAN: The total output of new millet is expected to decrease, and grain merchants are optimistic about the autumn market, and have a strong price-support mentality. However, the downstream demand did not improve. After the market inventory ended, the grain price lost its upward momentum and has stabilized at present. Pay attention to the changes in the mentality and operation of market players. If farmers and some grain merchants are more motivated to ship before the end of the month, under the influence of the contradiction between supply and demand, there is a possibility of a slight correction in grain 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 | Usd1280-1320/mt |
| Delivery | 25 days after signed the contract |