DALIAN: The purchase and sale of the national market are deadlocked, and there is no precise quotation for millet. Most grain merchants in the production area are on holiday, and the specific opening time will be determined according to demand after the Spring Festival. Some still have an appropriate amount of inventory in the early stage, and the cost price is higher than the market price. During the Spring Festival, the leading trade entities are on holiday, and the market purchases and sales end. The market is still closed until the sixth day of the first month, and there is no precise quotation for millet.
Pay attention to the changes in downstream demand around the tenth day of the first lunar month. If there is a phased replenishment in the market, it will stimulate the flow of goods and form positive support for the price of grains.
Current Market Price in FOB China for Chinese Hulled Millet
Product Name | Chinese Hulled Millet |
Purity | 99.95 % |
Moisture | 10 % max |
Package | 25 kg paper bag |
FOB Dalian | Usd 1340-1370 / mt |
Delivery | 25 days after signing the contract |