millet crop

Chinese Hulled Millet: What Is Effecting the Price?

Mintec Global
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DALIAN: How the price of millet fluctuates at this stage depends on changes in the supply side and is closely related to the mentality of market players and the situation of transportation and logistics. In the short term, if the transportation and logistics conditions in some production areas in the Northeast do not improve, there is no risk of the price of millet falling at a time when farmers are looking forward to rising prices and grain merchants are supporting prices. If the focus of downstream purchases shifts to other markets, it can form positive support for prices at that time.

Current Market Price in FOB China for Chinese Hulled Millet

Product NameChinese Hulled Millet
Purity99.95%
Moisture10% max
Package25kg paper bag
FOB DalianUsd1270-1300/mt
Delivery25  days after signed the contract