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DALIAN: The average operating rate of rice factories this week was about 3.8%, down 0.2 percentage points from last week. The demand for terminal millet is weak, and the willingness of wholesalers to replenish goods is low. Restricted by transportation and logistics, replenishment in some wholesale markets has been hindered, and rice factories have difficulty finding vehicles for delivery. This week, the price of Xiaomi was stable and on the strong side. Some raw grain prices rose slightly, production costs rose, and some manufacturers appropriately raised millet prices. The terminal demand is weak, and due to the constraints of logistics conditions, the replenishment of some markets is hindered, and the market transaction volume is limited. Pay attention to later market changes.

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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