China Faces Shortage in Lentil Stocks Ahead of Lunar New Year”

China Faces Shortage in Lentil Stocks Ahead of Lunar New Year

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TIANJIN, China: Market sources reveal that China’s lentil reserves have reached a low point, prompting a reliance on imported lentils to fulfill demand. As the Chinese New Year draws near, producers of raw materials are observing holidays, further tightening the supply. Additionally, escalating sea freight rates are contributing to a surge in export costs. The price gap between domestic and foreign lentils is posing challenges in the export market. Moreover, domestic organic lentils are in short supply and come at a higher price, primarily catering to the domestic market with fewer opportunities for export.

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 2023
MOQ 22 Tons
Conv.   FOB Tianjin USD 1840-1870/MT

Mintec Global

EURO 1706-1734/MT

Organic. FOB Tianjin USD 1920-1950/MT

EURO 1780-1808/MT

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