Tianjin: During the Chinese New Year, the transportation cost is high, and organic lentils are not competitive. Sales of organic lentils on the market are slow, and prices are stable. At the same time, due to the low price of imported lentils, which hit the organic lentil market, there was no upward momentum in prices. Imported lentils basically meet the domestic market demand, and domestic organic lentils are challenging to sell. At present, domestic manufacturers mainly sell inventory. Domestic high-quality organic lentils entered the mid-to-high-end market. Organic lentils are priced at $1,640-1,670 per ton on the export side. Foreign importers report that import costs are too high, and they are cautious in purchasing. In the early period of the Spring Festival, the sea freight rate rose slightly, the difficulty of booking space increased, and the export situation was difficult to change in the short term. Exporters are in trouble, and importers continue to pay attention to changes in the Chinese market.
Current Market Price in China for Organic Small Lentil
Product Name | Organic Small Lentil |
Size | 3.0-4.5 mm |
Moisture | 15 % max |
Package | 25 kg PP bag |
Purity | 99.5 % |
Loading | 22 mt / 20 GP |
Fob Dalian | Usd 1640-1670/mt |
Delivery | 20 days after the contract |