Market participants stopped their activities before the spring festival in Dalian, China. In the short term, grain prices continue to stabilize. Note the changes in downstream demand on the eighth day of the first month, when trading activities begin to return to the market. If there is a renewal phase in the market, it is because of local grain prices or the possibility of a small recovery in the grain market. Due to the effect of the supply-demand contradiction in the market, the possibility of grain prices falling after the first month increased.
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  |
|
Conventional FOB Dalian |
USD 1160-1190/MT EURO 1076-1103/MT |
|
Organic FOB DALIAN |
USD 1220-1250/MT EURO 1131-1159/MT |
|
Delivery |
25 days after signing the contract |