DALIAN: The demand for terminal millet is weak, and the operating rate of rice factories is low. The consumption of raw grain is shrinking, the enthusiasm for replenishment is poor, and the demand is not boosted by the market. However, at this stage, the changes in grain prices have been separated from the supply and demand side. It is expected that the stock and production of grains in the new season will be reduced. Farmers and grain merchants are reluctant to sell at high prices. The overall price of grains in July was relatively strong. The price-supporting mentality of short-term holders may continue, and there is positive support for the valley price, which may be adjusted slightly before the end of August.
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 |