Rainy Weather Stabilizes Lentil Prices in China

Rainy Weather Stabilizes Lentil Prices in China

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Weather Impact on Lentil Sales

Recent increases in rainy weather across China have impacted lentil sales, leading to stabilized prices, according to market participants. The export market is currently stagnant, with many awaiting the new season shipments expected by the end of August.

Scarcity of High-Quality Lentils

High-quality lentils remain scarce in production areas, and the export market has stopped offering prices. This scarcity adds to the uncertainty surrounding future price predictions.

Reduced Planting Areas and Rising Prices

In recent years, the area dedicated to lentil planting in China has decreased. This reduction has led to a year-on-year increase in prices, further complicating the already challenging export market.

Mintec Global

The current stabilization in lentil prices due to increased rainfall highlights the delicate balance between weather conditions and agricultural markets. As China prepares for the new lentil season, the industry must remain adaptable to both domestic and international market fluctuations. Ensuring a steady supply of high-quality lentils will be crucial for meeting future demand and maintaining market stability.

 

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 2000-2030/mt – EURO 1837-1865/mt
Organic. FOB Tianjin USD 2100-2150/mt – EURO 1929-1975/mt
Delivery 20 Days after the contract