News & Updates

Chinese Hulled Millet: The Market Is Blocked and the Transaction Is Difficult

by | Apr 13, 2022 | Grain, Millet

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DALIAN: Some production areas are restricted by logistics, and it is difficult to find a car which hinders the delivery. In early April, downstream demand improved slightly, and grain prices in producing areas rose slightly. Demand began to shrink at the beginning of last week, and local prices retreated within a narrow range. There is no demand for the market in the short term, and it is difficult for the price of millet to rise.

With the increasing enthusiasm of farmers and grain merchants to ship goods, prices may fall back before the end of the month. Logistics restrictions have made it difficult for some production areas to circulate goods or have restrained the decline in millet prices.

Current Market Price in FOB China for Chinese Hulled Millet

Product Name Chinese Hulled Millet
Purity 99.95%
Moisture 10% max
Package 25kg paper bag
FOB Dalian Usd1270-1300/mt
Delivery 25  days after signing the contract

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