DALIAN: The circulation of new millet in Shandong, Hebei, and Henan increased, and prices continued to fall. Rice factories in and around the province will purchase on-demand phases. After the new millet in Northeast China is launched, local demand will be significantly reduced.
In Chifeng, Inner Mongolia, the weather is rainy, and the moisture content of the new millet is relatively high. The concentrated launch time may be postponed to after September 20. At present, the price of Chifeng’s new hulled millet is on the high side. As the number of listings increases before the end of the month, there is a greater risk of price 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 |
| FOB Dalian | Usd1280/mt |
| Delivery | 25 days after signed the contract |