Grain Prices Hold Steady in Dalian as Producers Consume Pre-Holiday Stocks

Chinese Hulled Millet: Insufficient orders, backlog of inventory

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Dalian: There is no improvement in the demand for terminal millet, the operating rate of rice mills is low, the destocking of raw grains is the main task, and the upstream and downstream transaction volume is small. Incomplete export orders and inventory backlog. In the short term, we will focus on changes in downstream demand. Before replenishment occurs in the market, there may still be a slight risk of a slight decline in local prices.

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
FOB Dalian Usd1360-1400/mt
Delivery 25  days after signing the contract