DALIAN: This week, the national millet price was weak, and the price of organic hulled millet fell to US$0,015-0,0350/kg. At present, there are sufficient grain sources at the grassroots level, and farmers are more motivated to ship goods before spring sowing. Downstream demand is weak, and grain merchants have stopped or lowered their prices to purchase. The temperature gradually rose in March, which is not conducive to the sales of organic millet. The operating rate of rice mills is low, and the amount of raw grain will shrink.
The contradiction between supply and demand in the market is apparent, and the short-term price may still fall back. If there is a staged stock-holding behavior, the price decline can be restrained, and the market changes can be paid attention to.
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 | Usd1380-1410/mt |
| Delivery | 25 days after signing the contract |