Tianjin: According to feedback from market participants, there are very few organic lentil raw materials left in China. Only some exporters in Tianjin and Dalian have a small amount of inventory.
Because foreign canneries have very few summer orders and few port orders, clearing inventory is the main task of manufacturers. There is no restocking plan. This week, domestic green organic lentils export offer FOB DALIAN OR TIANJIN USD 1140/MT. Exporters predict that the price will fall to 1,100 US dollars per ton at the end of August. Exporters awaited the arrival of new products in 2020.
Current Market Price in China for organic small lentil:
|Product Name||Organic small lentil|
|Package||25kg PP bag|
|Fob Dalian||Usd 1140/mt|
|Delivery||20 days after the contract|
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