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.
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 |