Feedback from market participants suggests that the quality of the remaining lentil stocks in Tianjin is currently insufficient to meet export standards. As a result, traders are eagerly awaiting the new lentil season. However, this season is characterized by significantly low acreage and yields, which have led to forecasts of sustained high prices.

Anticipation for New Season Lentils

New season lentils are not expected to be available until September, leaving traders in a difficult position. At present, they are unable to provide quotes for new stocks, primarily due to uncertainties surrounding the upcoming harvest. The low production levels have made price predictions particularly challenging.

Declining Production and Rising Prices

In recent years, China's lentil planting area has been steadily decreasing, contributing to a year-on-year increase in prices. This trend has posed difficulties for both domestic and foreign markets, which are struggling to cope with the limited supply and rising costs. The situation is further exacerbated by the unpredictability of future production, making it a challenging environment for traders and consumers alike.

Current Market Price in China for small lentil