Hulled Millet in hand Insufficient Demand in Hulled Millet Market

Chinese Hulled Millet: Increased Risk of Price Downturns

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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.

Mintec Global

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

Import/Export Statistics

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