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DALIAN: In most production areas, about 50% of the grain source of organic millet is at the grassroots level, and the market supply is sufficient. Local logistics are limited, and the flow of goods is blocked. The organic millet market is gradually entering the off-season of sales. Wholesalers are slow to sell goods and are less motivated to replenish. Affected by logistics factors, replenishment in some markets is difficult. The rice factory has been blocked from finding vehicles for delivery, the operating rate has declined, and the amount of raw grain has shrunk. Farmers are reluctant to sell and hope to increase, and it isn’t easy to get goods at the grassroots level. If there is no impact of logistics factors, farmers’ enthusiasm for selling grain before sowing may increase. Some grain merchants have a moderate amount of inventory and intend to ship to relieve financial pressure, but they still have psychological expectations for prices. The operating rate of the rice factory is low, the raw grain consumption is mainly inventory, and the replenishment mentality is cautious.

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 Usd1360-1400/mt
Delivery 25 days after signing the contract

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