DALIAN: After the snow, the temperature in the production area has risen, the snow on the roads has gradually melted, and the grassroots can continue to load goods. However, the demand for organic Millet in the downstream market is not good, grain merchants are slow to deliver goods, and export orders are decreasing. Holders have a positive attitude towards shipments, and some of them intend to sell at appropriate profit margins.
The progress of grassroots grain sales in the producing areas is about 30%, and some grain merchants have adequate stocks and are highly motivated to ship. The contradiction between market supply and demand is apparent. Zhuo Chuang Information believes that the short-term corn price is difficult to rise, and there may still be a downside risk before the end of the month. It continues to pay attention to the changes in the mentality of market entities.
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 | Usd1410/mt |
| Delivery | 25 days after signing the contract |