Tianjin: The organic lentil market is in a downturn in 2021, and the price of new products will be higher than in previous years after the launch. Export orders have decreased, with only a few orders for partial exports. In recent years, farmers’ planting costs have increased, and they are reluctant to sell at a low price, preferring to keep them at home. At present, the purchase cost of merchants is too high, and exporters are currently working hard to reduce export costs, purchasing in batches, processing uniformly, and exporting on demand.
The price of organic lentils has reached US$1570-1630 per ton. Importers are cautious in purchasing, and some use LCL procurement. Exporters predict that after the market stabilizes, prices may decline. Demand from Italian importers has fallen, and orders are small. Buyers in the Czech Republic began to place orders. Due to the uncertainty of ocean freight, importers are afraid of signing long-term contracts and worry about the decline in ocean freight. . Export companies are in trouble.
Current Market Price in China for organic small lentil
|Product Name||Organic small lentil|
|Package||25kg PP bag|
|Fob Dalian||Usd 1570-1630/mt|
|Delivery||20 days after the contract|
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