Lentil

Chinese Small Lentil: The Market Enters a Quiet Period

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TIANJIN: Traders have recently reported that raw lentil stocks are insufficient, but prices are stable due to the downturn in the market. The export market is hard to pick up early in the Spring Festival, and domestic trade orders dominate the market. The domestic market is affected by imported Canadian and Turkish lentils, making domestic lentils uncompetitive. Export orders cannot meet the production needs of exporters, and enterprises are in trouble. Most manufacturers conduct domestic and foreign trade at the same time. Wholesalers, canneries and food factories dominate the domestic market, and traders mainly rely on low-priced imported lentils to meet production needs. In terms of prices, farmers have no willingness to sell at a low price, and prices are stable. Traders predict that the market downturn will continue. Pay attention to changes in ocean freight and prices in production areas.

Mintec Global

Current Market Price in China for Small Lentil

Product name Chinese Small Lentils
Colour Green
Quality Grade A
Purity 99.5%
Package   25 kg PP bag
Crop 2020
MOQ 22 Tons
Price Usd 1550-1590/mt