Tianjin: According to market research and feedback, the organic lentil market is very quiet at the moment because there are no high-quality raw materials. Traders are waiting for new arrivals. Most exporters have stopped quoting. Due to the sluggish demand in the domestic market, the transaction volume was not large. Exporters are looking forward to increased demand in the European market after the new products are launched.
The current reference price for organic lentils is $1,640-1,670 per ton. Foreign importers report that there is no procurement plan for the time being, costs have increased, and the procurement is more cautious. Currently, the sea freight rate is stable, and there is no further downward trend. It is expected 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 1640-1670/mt |
| Delivery | 20 days after the contract |