DALIAN: This week, organic Millet is in a difficult period. Affected by heavy snow in the northeast, new orders from manufacturers have decreased, the operating rate has fallen compared with the same period last month, and the consumption of raw grain has shrunk.
The northeast has a large amount of snowfall, and it is difficult for the supply of goods to flow out of the producing areas, and the raw grains of the manufacturers are mainly destocked. It is difficult for manufacturers to ship goods within a week, and the price of Millet is primarily stable.
It can be unblocked at high speed in about three days. In the early stage of freeing, if the downstream replenishes a small number of goods, the grain holders may keep the price mentality. It is usual for the quotations of individual varieties to increase slightly. The export markets are mainly Southeast Asia and the United States.
Current Market Price in China for organic hulled Millet
| Product Name | Organic hulled Millet |
| Purity | 99.95% |
| Moisture | 10% max |
| Package | 25kg paper bag |
| FOB Dalian | Usd1420/mt |
| Delivery | 25 days after signing the contract |