Millet Field

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

Mintec Global
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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.

Current Market Price in China for Organic Hulled Millet

Product NameOrganic hulled Millet
Purity99.95%
Moisture10% max
Package25kg paper bag
FOB DalianUsd1260-1310/mt
Delivery25  Days after signing the contract