Tianjin: Based on market research and feedback, exporters stopped quoting and traders waited to observe new lentil prices. Foreign markets have high requirements for the quality of organic lentils. Traders are waiting now for new arrivals. At the same time, due to the impact of the epidemic, exporters expect a significant reduction in demand in the Italian market.
The current reference price for organic lentils is $1.630-1.660 per ton. Foreign importers have no purchasing plans for now, and they are cautious in purchasing. Sea freight is currently stable. 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 1630-1660/mt |
| Delivery | 20 days after the contract |