Tianjin: According to market research and feedback, there is a shortage of organic lentils in Yunnan production areas, and prices have begun to rise. However, the transaction volume is not significant due to the sluggish market demand and the sluggish export market. At the same time, affected by the epidemic, the purchasing power of the domestic market has declined. On the export side, the Italian market, a traditional importer, saw a drop in demand, with organic lentils priced at $1.640-1.670 per ton. Foreign importers report that import costs are too high, and they are cautious in purchasing. At present, the sea freight rate is declining, which is beneficial to the export market, but 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 |