TIANJIN: The Chinese lentil market has entered the final stage of clearing inventory, and the domestic wholesale market is mainly retail, and the price is stable. It is predicted that the output in the new season will be small, and the price will not have a downward trend. Traders expect the new lentils to be available in August 2022. Importers are looking forward to the arrival of the new lentils, and traders are currently struggling with limited sales in the domestic market. Domestic lentil prices are not competitive. The backlog of imported lentils in the domestic market still exists. Exporters are looking forward to a recovery in the lentil market in 2022, but there is no downward trend in prices as farmers are reluctant to sell their surplus grains at low prices due to reduced acreage. Exporters predict that the market downturn will continue until new shipments arrive. Be aware of changes in ocean shipping markets and prices.
Current Market Price in China for Small Lentil
Product name | Chinese Small Lentils |
Color | Green |
Quality | Grade A |
Purity | 99.5% |
Package | 25 kg PP bag |
Crop | 2020 |
MOQ | 22 Tons |
Price | Usd 1570-1610/mt |