Tianjin: Organic lentils are uncompetitive due to high shipping costs. Before the Spring Festival, the sales of organic lentils in the market were slow, and the prices tended to stabilize. At the same time, due to the low price of imported lentils, prices have no upward momentum. Some traders are accustomed to buying imported common lentils at low prices. Since the imported lentils basically meet the domestic market demand, the sales of domestic organic lentils are difficult. At present, domestic manufacturers mainly sell inventory. Domestic high-quality organic lentils entered the mid-to-high-end market. On the export side, organic lentils are priced at $1,630-$1,660 per ton. Foreign importers report that import costs are too high, and they are cautious in purchasing. In the early period of the Spring Festival, the sea freight rate rose slightly, the difficulty of booking space increased, and the export situation was challenging to change in the short term. Exporters are in trouble, and importers continue to pay attention to changes in the Chinese market.
Current Market Price in China for Organic Small Lentil
Product Name | Organic Small Lentil |
Size | 3.0-4.5 mm |
Moisture | 15 % max |
Package | 25 kg PP bag |
Purity | 99.5 % |
Loading | 22 mt / 20 GP |
Fob Dalian | Usd 1630-1660/mt |
Delivery | 20 days after the contract |