TIANJIN: According to feedback from exporters in Gansu, China’s lentil stocks are almost over a month before the arrival of new goods low.
Most producers and exporters no longer have stocks of domestically produced lentils. Only a few manufacturers have a small amount of inventory. To clear the inventory, the manufacturers accept low-price sales. The export price this week is FOB Tianjin, US$1.130/ton.
Compared with the previous few weeks, it has dropped by 100 U.S. dollars. New products in 2021 are expected to be launched at the end of August, and some manufacturers have already begun to prepare to purchase new products.
Current Market Price in China for small lentil:
|Product name||Small Lentils|
|Type||Chinese Green Lentil|
|Package||25 kg PP bag|
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