DALIAN: Chinese millet prices fluctuate more frequently, so traders are cautious. New rice is not moving fast, and the amount of raw grain is limited. The intention at this stage is to digest new grain stocks; exporters are purchasing on demand.
For organic millet, both export volume and demand are limited, not sufficient. If there is no significant upturn in demand later, with the increase in the amount of new grain listing, grain prices still have space to decline.
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 1200-1220/mt |
Organic FOB DALIAN | USD 1260-1280/mt |
Delivery | 25 days after signing the contract |