In Dalian, recent developments in the grain market indicate a focus on off-season rice milling activities and subdued enthusiasm among exporters for replenishment. Despite this, the demand for millet has not shown significant traction, leading to a market environment dominated by supply-side dynamics.
Supply Dominance and Market Outlook
At present, the supply side emerges as the primary driver influencing grain prices, with limited circulation of supplies in the market. Terminal demand remains weak, further compounded by cost support factors. Consequently, the near-term outlook suggests overall stability in millet prices.
The prevailing conditions in the Dalian grain market highlight the interplay between supply dynamics, demand trends, and cost factors in shaping price movements. As the market navigates through these complexities, stakeholders are advised to monitor developments closely for informed decision-making.
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 1180-1210/mt – EURO 1102-1130/mt |
| Organic FOB DALIAN | USD 1260-1290/mt – EURO 1176-1204/mt |
| Delivery | 25 days after signing the contract |