Market Situation

The lentil market in Tianjin is currently stagnant, with market participants reporting a lack of activity as they await the arrival of new cargoes. The summer season has seen a scarcity of China’s premium export-quality lentils, leading to a bottoming out of exporters' stocks.

Domestic Market Attitudes

Domestic traders are adopting a wait-and-see approach due to the limited availability of lentils. The stock of imported lentils is nearly depleted, contributing to the current market standstill.

Anticipation for New Season Prices

Buyers are eagerly anticipating the release of new season lentil prices. Without the introduction of these new prices, there is a risk that imported red lentils will depress the market price, further contributing to the downturn in the domestic lentil market.

Current Market Price

The current market price for small lentils in China remains stable, but the lack of fresh supply and the anticipation of new cargoes have left the market in a state of uncertainty.

The lentil market's current stagnation highlights the need for timely updates on new season prices to prevent further downturns. Market participants are hopeful that the arrival of new cargoes will revive market activity and stabilize prices.