Chinese Hulled Millet: There is a risk of falling prices

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DALIAN: Various types of millet went on the market this month, and the prices showed an overall upward trend. Chifeng gold seedlings and Zhangza millet prices continued to decline in September and rebounded after falling to a low level on October 2. In the last ten days, demand increased, and prices recovered.

For November and December, there is hardly any demand for terminal millet shrank, the operating rate of rice mills continued to decline, and the consumption of raw grains was insufficient. The market supply pressure is prominent, and grain holders may continue to sell, and there is a greater risk of a fall in grain 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 Usd1280/mt
Delivery 25  days after signing the contract