Lentil

Chinese Small Lentil: Insufficient Inventory Supports Prices

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TIANJIN: Domestic lentil stocks are running low, and imported lentil stocks are abundant. But prices remained stable as the market continued to slump. It is expected that the export market will stabilize after the Spring Festival. The domestic market is affected by imports of lentils from Canada and Turkey, making domestic lentils uncompetitive. Export orders can not meet the production needs of exporters, and enterprises are in trouble. Most manufacturers conduct domestic and foreign trade at the same time. The domestic market is dominated by wholesalers, canneries and food factories, with traders relying on low-cost imported lentils to meet their production needs. In terms of prices, farmers have no willingness to sell at low prices, and prices are stable. Traders predict that the market downturn will continue. Pay attention to surplus grain and price changes in production areas.

Mintec Global

Current Market Price in China for small lentil

Product name Chinese Small Lentils
Colour Green
Quality Grade A
Purity 99.5 %
Package 25 kg PP bag
Crop 2020
MOQ 22 Tons
Price Usd 1550-1590 / mt