Quality Lentil Shortage
Exporters in Tianjin report a significant scarcity of quality lentils in lentil-producing areas. As a result, traders have halted their collection efforts, anticipating new cargoes in August.
Awaiting New Season Cargoes
Foreign importers are currently waiting for new season lentils to arrive. However, predicting the price of these new season lentils remains uncertain. This uncertainty has led domestic traders to adopt a wait-and-see approach.
Low Stock Levels
Stocks of imported lentils are nearing depletion, adding to the market’s cautious stance. Buyers are hopeful that prices for the new season lentils will fall. If prices do not drop, the influx of imported red lentils could further depress market prices, perpetuating the current downturn in the domestic lentil market
The scarcity of quality lentils and the uncertainty surrounding new season prices highlight the volatility in the lentil market. Stakeholders should closely monitor stock levels and upcoming cargo arrivals to make informed decisions. The market’s response to new season prices will be crucial in determining future trends and stability.
Product name |
Chinese Small Lentils |
| Color | Green |
| Quality | Grade A |
| Purity | 99.5% |
| Package | 25 kg PP bag |
| Crop | 2023 |
| MOQ | 22 Tons |
| Conv. FOB Tianjin | USD 2000-2030/mt – EURO 1861-1889/mt |
| Organic. FOB Tianjin | USD 2100-2150/mt – EURO 1954-2001/mt |
| Delivery | 20 Days after the contract |