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Chinese Organic Hulled Millet: Low Trade Activity in the Summer Market

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DALIAN: In summer, the country is generally hot, and the demand for organic millet is weak. Traders take out goods sporadically, mainly consuming a small amount of inventory, and it has been about 50 days since the last centralized replenishment time. Manufacturers have insufficient new orders, some staged shutdowns for maintenance, insufficient raw grain consumption, and poor enthusiasm for replenishment. Grain merchants in the producing areas are sluggish in delivery, most of them stop receiving when there are no orders, mainly consuming pre-stocks, and the market trade activity is low.

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 Usd1310-1340/mt
Delivery 25  days after signing the contract