Lentils Chinese Lentil: New Crops on Shelves at the End of August

Chinese Organic Lentils: Prices Are High but Are They in a Downward Trend?

Mintec Global
Spread the news!

Tianjin: According to market participants, lentil prices were high and market sales were slow in late September. As for exports, there are many inquiries but few transactions. Since the demand for organic lentils in foreign markets is declining year by year, it is expected that the price may decrease in the later period. At the same time, exporters expect the Italian market to significantly reduce demand due to the impact of the pandemic.

The current reference price for organic lentils is $1.660-1.700 per ton. The market situation is expected to be difficult to change in the short term. Exporters expect sea freight rates to fall further. Importers continue to watch the changes in the Chinese market.

Current Market Price in China for Organic Small Lentil

Product  NameOrganic small lentil
Size3.0-4.5 mm
Moisture15% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 1660-1700/mt
Delivery20 days after the contract