Lentils

Chinese Small Lentil: Importers Are Looking Forward to New Arrivals

Spread the news!

TIANJIN: In July, lentils entered the stage of clearing inventory, and there were only sporadic supplies left in the market, and prices were stable. Due to the low volume, the price is not on a downward trend for the time being. It is predicted that the new season of lentils will be available in August in 2022. Most importers are waiting for new lentils to enter the market, with limited sales in the domestic market. Traders are in a tough spot. The export volume of the port has dropped by more than 45% year-on-year, and the competitiveness of domestic lentils is not strong, mainly canned. There is a backlog of imported lentils in the domestic market, and previous stocks have been there. Exporters are looking forward to a recovery in the lentil market in 2022. In terms of prices, farmers are reluctant to sell at low prices, and there is no downward trend in prices. Exporters predict that the market downturn will continue. Be aware of changes in ocean shipping markets and prices.

Mintec Global

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