Lentil

Chinese Organic Lentils: Market Downturn is Difficult to Improve

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Tianjin: During the Spring Festival, the price of organic lentils was stable. At the same time, due to the low price of imported lentils, prices have no upward momentum. Exporters predict that prices will not drop in the short term after the Spring Festival due to the limited availability of domestic organic lentils. But the sales situation is difficult to improve.

Domestic organic lentil sales are challenging. At present, domestic manufacturers mainly sell inventory. Domestic high-quality organic lentils entered the mid-to-high-end market. On the export side, organic lentils are priced at $1.630-$1.660 per ton. Foreign importers report that import costs are too high, and they are cautious in purchasing. In the early period of the Spring Festival, the sea freight rate rose slightly, the difficulty of booking space increased, and the export situation was challenging to change in the short term. Exporters are in trouble, and importers continue to pay attention to changes in the Chinese market.

Mintec Global

Current Market Price in China for Organic Small Lentil

Product  Name Organic Small Lentil
Size 3.0-4.5 mm
Moisture 15 % max
Package 25 kg PP bag
Purity 99.5 %
Loading 22mt /20GP
Fob Dalian Usd 1630-1660/mt
Delivery 20 days after the contract