DALIAN: From the supply point of view, the new base surplus grain about 80%, the market supply for millet is sufficient. From the demand point of view, in the early part of December, the average opening rate of rice factories may fall to less than 10%, and raw grain consumption continues to shrink. Supply and demand factors will have a negative impact on the market price, the new millet price in December still has a certain risk of decline.
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 | Usd1230-1260/mt |
Delivery | 25 days after signed the contract |