Tianjin Faces Scarcity of High-Quality Lentils for Export

Domestic Supply Dwindles

According to feedback from market participants in Tianjin, there are no longer any high-quality domestic lentils available for export. This shortage has led to a halt in new stock quotations as exporters await the new season’s delivery, expected by the end of August.

Uncertain Price Outlook

Currently, it is difficult to predict the prices for the new season’s lentils. The scarcity of high-quality lentils in production areas has led export markets to stop offering prices. This situation underscores the challenges faced by the lentil market in China.

Declining Planting Areas and Rising Prices

In recent years, China’s lentil planting area has decreased, leading to year-on-year price increases. This trend has made the export market increasingly difficult to navigate, with supply constraints further exacerbating the issue.

The current shortage of high-quality lentils in Tianjin highlights the broader challenges within China’s lentil market. With planting areas decreasing and prices rising, the export sector faces significant hurdles. As the market awaits the new season’s delivery, stakeholders will need to closely monitor supply levels and pricing trends to adapt to these evolving conditions. This period of scarcity and uncertainty calls for strategic planning and potential adjustments in both domestic production and export strategies to ensure market stability.

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