Lentils

Chinese Organic Lentils: Inventory Pressure Is Reduced, Prices Are Stable

Mintec Global
Spread the news!

Tianjin: Organic lentil prices are stable, the market is sluggish, and exporters’ inventory pressure has eased due to lower imports. At present, there is a shortage of organic lentil raw materials. Domestic organic lentil traders are reluctant to sell at low prices. Domestic high-quality organic lentils entered the mid-to-high-end market. On the export side, the Italian market has seen less demand, with organic lentils priced at US$1.610-1.640 per ton. Foreign importers report that import costs are too high and they are cautious in purchasing. At present, sea freight is declining, exports are improving, the difficulty of booking space is reduced, and the export situation is 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  NameOrganic small lentil
Size3.0-4.5 mm
Moisture15% max
Package25kg PP bag
Purity99.5%
Loading22mt /20GP
Fob DalianUsd 1610-1640/mt
Delivery20 days after the contract