Hulled Millet in hand Insufficient Demand in Hulled Millet Market

Chinese Hulled Millet: Increased Risk of Price Downturns

Posted on 14. September 2023

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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.

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

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