Tianjin: According to market participants, the price of lentils was too high and sales were slow. In terms of export, there are many inquiries and few transactions. As the demand for organic lentils in foreign markets has been declining year by year, it is expected 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 in the Italian market.
The current reference price for organic lentils is $1.660-1.700 per ton. It is expected that the market situation will be difficult to change in the short term. Exporters expect ocean freight rates to fall further. 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 1660-1700/mt |
| Delivery | 20 days after the contract |