DALIAN: The production area has been holding goods for about half a month. At present, the procurement cost of organic millet has increased, and the enthusiasm of grain merchants has gradually declined. In the off-season, terminal organic millet demand is weak, and wholesalers are slow to sell goods. Manufacturers have less inventory and mainly destock after a small amount of replenishment. The contradiction between supply and demand in the market still exists, and there is insufficient motivation for grain prices to rise. In the short term, we will focus on changes in the operations of trade entities. After the stock-holding is over, there may be a slight correction in local valley prices.
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 |