Tianjin: According to market research and feedback, the sales of organic lentils in China’s production areas are coming to an end, and the price is stable. However, due to the sluggish market demand and the sluggish export market, the transaction volume is not large. Traders await the arrival of new goods in August. At the same time, due to the epidemic’s impact, the domestic market’s purchasing power has declined.
The Italian market has seen a decline in demand and limited purchases on the export side, with organic lentils at $1,650-1,680 per ton. Foreign importers report that they have no purchasing plans for the time being and are cautious in purchasing. At present, the sea freight rate is stable, and there is no further downward trend. It is predicted 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 1650-1680/mt |
| Delivery | 20 days after the contract |