Tianjin: According to market participants’ research feedback, the price of organic lentils has risen due to shortages in the market, but the export market is sluggish, and the transaction volume is small. At the same time, affected by the epidemic, the market’s purchasing power decreased, and the number of domestic high-quality organic lentils entering the high-end domestic market and major supermarkets decreased by 30% year on year.
The Italian market saw less demand on the export side, with organic lentils at $1.620-1.650 per ton. Foreign importers report that import costs are too high, and they are cautious in purchasing. At present, the sea freight rate is declining, which is beneficial to the export market, but it is predicted that the export situation will be difficult to change in the short term. Exporters are in trouble, and 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 1600-1630/mt |
| Delivery | 20 days after the contract |