DALIAN: The price of organic millet was stable this week, and the prices of individual varieties increased slightly. There is a certain amount of inventory in the intermediate links, and the average purchase cost is higher than the market price. However, downstream demand was weak, and grain merchants were sluggish. The grain supply in the producing areas is sufficient. From the perspective of the supply and demand pattern, there is a risk of a fall in grain prices before the end of the month. In the short term, if farmers are looking forward to rising prices and the mentality of holding grain merchants to support prices continues, the decline in prices can be restrained..
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 |