DALIAN: Before September 12, the weather forecast still showed rain in the organic millet-producing areas in Inner Mongolia, and a small amount of new millet may be on the market a week later.

Some grain merchants signed purchase contracts with farmers in advance, and there was a price difference due to different times to market. If the launch of new grains is delayed uniformly, the risk of price fall will increase by then. The current improvement in the demand for old grain is a phased phenomenon, and it isn’t easy to form a trend increase.

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 Usd1270/mt
Delivery 25 days after signed the contract