Tianjin: According to the feedback from market participants, organic new lentils have been launched one after another. But the quantity is small, the price is high, and the sales are not good. As the demand for organic lentils in foreign markets has been declining year by year, it is predicted that prices may decline in the later period. At the same time, due to the impact of the epidemic, exporters expect a significant reduction in demand from the Italian market. The current reference price for organic lentils is $1.630-1.660 per ton. The shipping market is currently stable. It is expected that the market situation will be difficult to change in the short term. Exporters expect further reductions in ocean freight rates. 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 |
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