Market Forecast for Chinese Hulled Millet

Chinese Hulled Millet: Prices May Fall Before Spring Sowing

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DALIAN: In most producing areas, more than 50% of the surplus and the old millet is distributed at the grass-roots level and the intermediate links. The carry-over inventory is large, and the market supply pressure is obvious. Before spring sowing, some farmers intend to ship, and the supply of goods in circulation links increased. Rice factory opening rate is low, the amount of raw grain is reduced. Driven by the negative factors of supply and demand, the local grain prices before spring sowing may still have a small decline.

Mintec Global

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 Usd1200-1220/mt
Delivery 25 days after signing the contract

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