New Lentil Stocks Expected in September

Market participants in Tianjin have reported that new season lentils are not expected to be available until September, particularly in secondary markets. Exporters are prepared to purchase raw materials, but the delay in availability is contributing to market uncertainty.

Potential for Price Increases Due to Low Production

With the anticipation of low production levels, price increases for lentils cannot be ruled out. Currently, exporters are unable to provide quotes for new stocks, as the limited supply makes it difficult to predict pricing trends. The uncertainty surrounding production levels is adding pressure to the market.

Declining Lentil Production in China

In recent years, China has seen a consistent decline in lentil planting areas, leading to annual price increases. Both domestic and foreign markets are becoming increasingly challenging as the reduced supply and rising costs continue to impact the industry.

The delay in new lentil stocks and the ongoing reduction in planting areas in China highlight the growing challenges faced by the lentil market. With production down and prices on the rise, the market remains volatile. Stakeholders should prepare for potential price fluctuations and limited supply in the coming months as the new season approaches. The situation underscores the importance of closely monitoring market developments to navigate the uncertain landscape effectively.