Tianjin: The market demand for lentils will weaken in 2021, and the current market downturn has not changed. Due to the low output, the price after the launch of the new product is much higher than last year. After listing, it has not been sought after by the domestic and foreign markets. Not only has the export orders been drastically reduced, but the domestic trade market has also been in a downturn.
Since October, domestic lentils have not been affected by imported Canadian lentils. The price of organic lentils has reached US$1600-1650 per ton, and importers are cautious in purchasing. Exporters expect prices to fall. Demand from Italian importers has fallen this year, and orders have decreased. Buyers in the Czech Republic began to place orders. Sea freight is currently relatively stable, and exporters are looking forward to a drop in the future. Export companies are in trouble.
Current Market Price in China for small organic lentil
|Product Name||Organic small lentil|
|Package||25kg PP bag|
|Fob Dalian||Usd 1600-1650/mt|
|Delivery||20 days after the contract|
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