DALIAN: Market participants reported that the overall growth of the new millet is good. The northeast production area has entered the heading period one after another, and the Luyu spring millet is in the maturity stage and will be harvested in mid-August. 2-3% of the grass-roots aged grains in the production area, the contradiction between market supply and demand still exists.
Some farmers’ enthusiasm for shipments has increased, grain prices have been stable but weak, and trading entities have been cautious in their operations. Zhuo Chuang Information believes that with the approaching of the listing of new grains, there is still a risk of falling short-term old grain prices, and it continues to pay attention to the weather in the production area and the growth of new grains. At present, the price of Xiaomi has been steadily decreasing.
Current Market Price in FOB China for hulled millet
| Product Name | Hulled Millet |
| Size | 3.0-5.0mm |
| Purity | 99.95% |
| Moisture | 10% max |
| Package | 25kg paper bag |
| FOB Dalian | Usd1270/mt |
| Delivery | 25 days after signed the contract |
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