TIANJIN: Chinese lentils are entering the off-season for sales, and prices are still rising due to small quantities. In the export market, importers are waiting for new lentils to enter the market, with limited sales in the domestic market. Traders are in a tough spot. The 2022 lentils will hit the market in August, and the lentil trade is currently struggling.
The port export volume has dropped by more than 40% year on year, and the domestic lentils are not very competitive. The inventory backlog of imported lentils in the domestic market has always existed in the previous period. Exporters are looking forward to an upturn in the lentil market for the new season of 2022. In terms of prices, farmers are reluctant to sell at low prices, and prices have risen. Exporters predict that the market downturn will continue. Be aware of changes in ocean shipping markets and prices.
Current Market Price in China for small lentil
| Product name | Chinese Small Lentils |
| Color | Green |
| Quality | Grade A |
| Purity | 99.5% |
| Package | 25 kg PP bag |
| Crop | 2020 |
| MOQ | 22 Tons |
| Price | Usd 1570-1610/mt |