Tianjin: Based on market research and feedback, exporters stopped quoting and traders waited and watched for new lentil prices. In July, the weather was hot, and the domestic and foreign market demand was sluggish. Traders are waiting for new arrivals. 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 $1.650-1.680 per ton. Foreign importers have no purchasing plans for now, and they are cautious in purchasing. Currently, ocean freight rates have dropped slightly. It is expected that the market situation will be difficult to change in the short term.
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 1650-1680/mt |
| Delivery | 20 days after the contract |