Market Insights from Tianjin
Exporters in Tianjin report a concerning shortage of Chinese lentils, prompting a notable increase in prices. This surge in prices presents a significant challenge for buyers who find the elevated costs difficult to accept. Simultaneously, difficulties in selling imported lentils due to inventory backlogs have become apparent, exacerbated by the obvious price advantage they hold over domestic varieties. This dynamic has led to challenges in both the domestic and export markets, as the disparity in prices between domestic and foreign lentils complicates trading activities.
Key Points
Shortage and Price Surge
Chinese lentils are facing a serious shortage, driving prices upward. This scarcity has created difficulties for buyers who find the higher prices hard to manage.
Inventory Backlog for Imported Lentils
Imported lentils are encountering sales challenges due to inventory backlogs. Despite their price advantage over domestic options, the surplus of imported lentils is contributing to sales difficulties.
Price Disparity Impact
The significant price difference between domestic and imported lentils is causing disruptions in both domestic sales and export activities. This disparity is creating complexities in navigating the market for lentils.
The current situation underscores the challenges present in both the domestic and export markets for lentils, with price differentials playing a crucial role in market dynamics. As stakeholders navigate these challenges, finding strategies to address the shortage and manage prices will be critical for maintaining stability in the lentil market.
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 1792-1820/mt |
| Organic. FOB Tianjin | USD 2070-2100/mt – EURO 1902-1930/mt |