DALIAN: According to the research of Zhuochuang Information, the planting area of new millet decreased by 20%-30% year-on-year. The area of Tongliao, Fuxin and Tongyu decreased by about 50% and the area of Zhangjiakou decreased by about 40% year-on-year, which was largely replaced by corn. Since July, the production area had sufficient rainfall and good moisture content. The new millet has grown normally, and the plant height of the early-sowing plot is about 60 cm. The average grain source at the grassroots level in the production area is about 30%, and the market supply is still relatively loose. The contradiction between supply and demand persists. Due to the expectation that the total output of new millet will decrease in autumn, the grain merchants who hold the stock are optimistic about the long-term market outlook, and the price support mentality persists. Pay attention to the changes in the operations of trading entities. If there is a staged inventory behavior, it can form a certain support for the price.
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 | Usd1310-1340/mt |
| Delivery | 25 Days after signed the contract |