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DALIAN: The survey of market participants showed that the total area of new millet nationwide decreased by about 25% year on year, focusing on high-yield varieties. The northeast production area is full of rain, the new millet is in the heading stage, and the overall growth is good.

The mild drought in Shanxi and the severe drought in Yulin, Shaanxi, affected the growth of new millet. Pay attention to recent weather changes. Shandong and Henan Chunguzi are in their mature stage and will be listed in mid-to-late August. The grass-roots aged grains in the production areas are more than 20%, and the contradiction between market supply and demand still exists.

Current Market Price in FOB China for hulled millet 

Product Name Hulled Millet
Size 3.0-5.0mm
Purity 99.95%
Moisture 10% max
Package 25kg paper bag
FOB Dalian Usd1260/mt
Delivery 25  days after signed the contract

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