Exporters’ Feedback and Stock Scarcity
Exporters in Tianjin have reported a scarcity of Chinese lentil stocks coupled with soaring prices, presenting challenges in meeting customers’ demands for large purchases. Additionally, sporadic sales further complicate the market situation. Importers are adopting a wait-and-see approach, anticipating the arrival of new goods in August.
Impact on Market Price and Expectations for the Future Season
The backlog of imported red lentil stocks from previous periods, combined with low prices, has exerted downward pressure on the domestic lentil market. Traders foresee an increase in lentil planting area and production in the upcoming season, which could potentially influence market dynamics.
The current scenario in the Chinese lentil market reflects a tight supply situation and elevated prices, impacting both exporters and importers. The anticipation of increased planting and production in the upcoming season may offer some relief to the market. However, factors such as demand fluctuations and international trade dynamics will continue to shape the trajectory of lentil prices, influencing whether they rise, stabilize, or fall in the future.
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 1950-1980/mt – EURO 1792-1819/mt |
| Organic. FOB Tianjin | USD 2070-2100/mt – EURO 1902-1929/mt |