Millet Harvest

Chinese Hulled Millet: Supply Is Sufficient, What About Demand?

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DALIAN: From the supply point of view, the new base surplus grain about 80%, the market supply for millet is sufficient. From the demand point of view, in the early part of December, the average opening rate of rice factories may fall to less than 10%, and raw grain consumption continues to shrink. Supply and demand factors will have a negative impact on the market price, the new millet price in December still has a certain risk of 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
FOB Dalian Usd1230-1260/mt
Delivery 25  days after signed the contract

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