green millet

Chinese Hulled Millet: Risk of Price Decline

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Hulled millet

Dalian: The supply of new and old grain in the producing areas is sufficient. As time goes by, the enthusiasm of millet farmers and grain holders and the supply of circulation links will increase. The national temperature is gradually rising and millet is entering the traditional sales season. The opening probability of rice factories is low, and the demand for raw grain is shrinking. Under the influence of strong market supply and weak demand patterns, March valley prices may still have the risk of decline.

Organic Hulled Millet

Dalian: In mid-late February, the overall grain prices in producing areas were weak, as of February 28, the cumulative decline of 2.04%. The main reasons are as follows: first, after the twentieth day of the first lunar month (February 10), a few farmers intend to ship goods, and the volume of the basic level slightly increased. Second, in the first ten days of February, the downstream rice factory had small replenishment, and the late demand was significantly reduced.

Current Market Price in Fob China for Chinese Hulled Millet

Product NameChinese Hulled Millet
Purity99.95%
Moisture10% max
Package25kg paper bag
FOB DalianUsd1220-1240/mt
Delivery25 days after signing the contract

Current Market Price in China for Organic Hulled Millet

Product NameOrganic hulled Millet
Purity99.95%
Moisture10% max
Package25kg paper bag
FOB DalianUsd1270-1300/mt
Delivery25 Days after signing the contract

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