📊 Lentils Market Analysis: Current Trends and Future Outlook
The lentils market has experienced significant fluctuations recently, influenced by various global factors. The latest data indicates a mixed scenario with prices showing a downward trend in some regions while remaining stable in others. This comprehensive report delves into the current state of the lentils market, examining key price movements, market drivers, and providing a forecast that could help stakeholders make informed decisions.
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Lentils dried
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small, green
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Lentils dried
Red football
FOB 2.48 €/kg
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📈 Current Prices and Trends
Type | Location | Price (USD) | Previous Price (USD) | % Change |
---|---|---|---|---|
Small, Green (Organic) | Beijing, CN | 1.47 | 1.49 | -1.34% |
Small, Green | Beijing, CN | 1.33 | 1.36 | -2.21% |
Red Football | Ottawa, CA | 2.46 | 2.46 | 0.00% |
Laird, Green | Ottawa, CA | 1.62 | 1.62 | 0.00% |
Eston Green | Ottawa, CA | 1.49 | 1.49 | 0.00% |
📉 Market Drivers
- Recent crop arrivals from Madhya Pradesh have impacted prices negatively due to increased supply.
- Geopolitical tensions with Pakistan are expected to influence the market positively.
- Weather conditions in UP, Bihar, and Jharkhand are unfavorable, potentially affecting future supply.
- Market sentiment is cautious due to the current economic slowdown and reduced liquidity.
⛅ Weather Forecast – Impact on Harvest
Unfavorable weather conditions in key lentil-producing regions of India are expected to impact the harvest negatively, potentially leading to tighter supplies in the coming months.
🔮 Price Forecast – Next 3 Days
Date | Expected Price Range (USD) |
---|---|
2025-04-30 | 1.45 – 1.50 |
2025-05-01 | 1.40 – 1.45 |
2025-05-02 | 1.35 – 1.40 |
📌 Conclusion & Strategic Recommendations
- Traders should monitor geopolitical developments closely as they could provide trading opportunities.
- Buyers may consider securing supplies before the expected decrease in production affects availability.
- Sellers should be cautious about rapid price changes and adjust their strategies accordingly.