Tianjin: According to market research and feedback, exporters stopped quoting and waited for new lentil prices. Domestic and foreign market demand is sluggish, and the transaction volume is not large. Traders await the arrival of new shipments in August. At the same time, affected by the epidemic, exporters expect an increase in demand in the Italian market. The current reference price for organic lentils is $1,650-1,680 per ton. Foreign importers report that they have no purchasing plans for the time being and are cautious in purchasing. At present, sea freight has decreased slightly. It is expected that the market 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
Product Name | Organic small lentil |
Size | 3.0-4.5 mm |
Moisture | 15% max |
Package | 25kg PP bag |
Purity | 99.5% |
Loading | 22mt /20GP |
Fob Dalian | Usd 1650-1680/mt |
Delivery | 20 days after the contract |