Millet

Chinese Organic Hulled Millet: Inventory Pressure in Off-Season

Mintec Global
Spread the news!

DALIAN: The temperature across the country continues to rise. From the perspective of eating habits and storage, millet has entered the traditional off-season of sales. Exporters and wholesalers are slow to sell goods, mainly consume inventory, and prolong the replenishment cycle. Manufacturers have seen fewer new orders, intermittent startups are typical, and some production is suspended in stages. The amount of raw grains is insufficient, and the market has not boosted the demand. Grain merchants in the producing areas are sluggish in purchasing goods, their willingness to purchase is low, and the market transaction volume is limited.

Current Market Price in China for Organic Hulled Millet

Product NameOrganic hulled Millet
Purity99.95%
Moisture10% max
Package25kg paper bag
FOB DalianUsd1380-1420/mt
Delivery25  days after signing the contract

 

Author