Millet Field

Chinese Organic Hulled Millet: Prices Drop After New Grains Hit the Market

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DALIAN: The demand for terminal millet is not good, and the start-up rate of rice factories is slow to recover. Most rice mills’ average daily sales volume is 10-15 tons, a decrease of 30%-50% compared with the same period last year. The amount of raw grain is limited, and the replenishment mentality is cautious. In October, the variety and quantity of new millet listed in the country will increase significantly. When the supply is concentrated and released, the price may still have room for decline. If there is a phased centralized replenishment of rice factories, it can form a positive support for the price.

Mintec Global

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 Usd1260-1310/mt
Delivery 25  Days after signing the contract