TIANJIN: Chinese lentils are at the end of their sales and prices are rising. However, the export market is sluggish, and the domestic market sales are sporadic. Traders are in a tough spot. The new lentils will be available in August, and the lentil trade is currently struggling. The port export volume has dropped by more than 40% year on year, and the domestic lentils are not very competitive. Recently, importers such as Italy have been concerned about when the new crop of lentils will be available.
Exporters are looking forward to an upturn in the lentil market for the new season of 2022. In terms of prices, farmers are reluctant to sell at low prices, and prices have risen. Exporters predict that the market downturn will continue. 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 |