Market Downturn is Difficult to Improve On Chinese Organic Lentils

Tianjin: Exporters reported that there is a shortage of raw materials for organic lentils after the Spring Festival, and the price will not drop. At the same time, due to the low price of imported lentils, there is no upward momentum in prices. Exporters expect price stability in the later period due to the limited supply of domestic organic lentils. But sales are hard to improve. Domestic organic lentil sales are difficult. At present, domestic manufacturers mainly sell inventory. Domestic high-quality organic lentils entered the mid-to-high-end market. Organic lentils are priced at $1.630-1.660 per ton on the export side. Foreign importers report that import costs are too high, and they are cautious in purchasing. At present, the sea freight has risen slightly, the difficulty of booking space has increased, and the export situation will be difficult 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