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Organic Lentils: The Maritime Market Affects Exports of China

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Tianjin: Traders reported that sales of organic lentils in the market were slow before the Spring Festival, and prices tended to stabilize. At the same time, affected by imported low-priced lentils, prices have no upward momentum. Some traders are accustomed to buying imported common lentils at low prices. Since imported lentils meet the domestic market demand, it is challenging to sell domestic organic lentils.

At present, domestic manufacturers mainly sell inventory. Domestic high-quality organic lentils enter the mid-to-high-end market. On the export side, the price of organic lentils is $ 1630-1660 per ton. Foreign importers report that import costs are too high, and they are cautious in purchasing. In the early period of the Spring Festival, sea freight increased slightly, making booking more difficult, and the export situation was difficult to change in the short term. Export companies are in trouble, and importers continue to pay attention to changes in the Chinese market.

Mintec Global

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 1630-1660/mt
Delivery 20 days after the contract