Amidst evolving market dynamics, China faces a significant shortage of domestically produced lentils, leading to a surge in prices and challenges in both domestic and export markets. Here’s a closer look at the current situation and its implications for lentil traders and consumers.
Shortage Sparks Price Surge
Feedback from exporters indicates a pronounced scarcity of domestically produced lentils in China, driving prices higher. With limited availability of locally sourced lentils, importers are increasingly turning to international markets to meet demand, exacerbating the supply-demand imbalance.
Challenges in Export Market
The export market presents formidable challenges, characterized by a surplus of imported low-priced lentils. Slow sales in the domestic market coupled with the price advantage of imported lentils have rendered domestically grown lentils less competitive, hampering sales both domestically and abroad.
Market Price Insights
Here’s an overview of the current market price in China for small lentils:
Note: Prices are subject to change and may vary based on region and market conditions.
Small Lentils: Usd 2070-2100/mt
Navigating Market Dynamics
For lentil traders and stakeholders in the agricultural sector, navigating the evolving market landscape requires a strategic approach. Understanding market trends, price dynamics, and consumer preferences is essential for making informed decisions and capitalizing on emerging opportunities.
As China grapples with a shortage of domestically produced lentils and increasing reliance on imports, stakeholders must adapt to shifting market dynamics. By staying abreast of market developments and embracing innovative strategies, the lentil industry can overcome challenges and foster sustainable growth in the ever-evolving agricultural market.
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 | 2023 |
| MOQ | 22 Tons |
| Conv. FOB Tianjin | USD 1950-1980/mt – EURO 1798-1826/mt |
| Organic. FOB Tianjin | USD 2070-2100/mt – EURO 1909-1936 |