DALIAN: Market participants reported that there are sufficient grain sources in the producing areas, coupled with the inventory of intermediate links and the carryover of old grains. The market supply pressure still exists. Temperatures across the country continue to rise, millet has entered a low season for sales, the operating rate of rice factories has declined, and the consumption of raw grain has shrunk. From the perspective of supply and demand, short-term organic millet may have a slight correction, but the room for the decline is limited. The changes in rainfall in the production and the planting area of the new millet will affect the mentality and operation of the market players and thus affect the price fluctuation.
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 | Usd1380-1420/mt |
Delivery | 25 days after signing the contract |