Lentil Shortage in China Sparks Price Surge

Domestic Lentil Market in China Struggles With Imported Lentils

Mintec Global
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TIANJIN: According to the market feedback report, imported red lentils are cheaper than domestic lentils. This situation affects the domestic market and the domestic market is looking for alternatives. Demand falls, and some exporters have no inventory. Some holders refuse to sell at low prices. Exporters predict that the market downturn will be hard to change.

Market researchers also believe that the upcoming Canton Fair is expected to help the export market. To improve the sales situation in the domestic and foreign markets. The supply has always been low in quality, and high in price and that is the answer to why the domestic market is having difficulties. 

 

Current Market Price in China for Small Lentil

Product nameChinese Small Lentils
ColorGreen
QualityGrade A
Purity99.5%
Package  25 kg PP bag
Crop2020
MOQ22 Tons
PriceUsd 1720-1740/mt

Current Market Price in China for Organic Small Lentil

Product  NameOrganic small lentil
Size3.0-4.5 mm
Moisture15% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 1800-1840/mt
Delivery20 days after the contract

Import/Export Statistics

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