Shortage of High-Quality Lentils Drives Price Rise

Exporters have reported a scarcity of high-quality Chinese small lentils, leading to a recent rise in prices. Despite the new season's listing, the market activity has been quieter than expected, with more inquiries but fewer actual transactions. The recent rainy weather has affected the lentil crop, reducing the quality of lentils in the later stages of the harvest.

Price Stability Expected in the Short Term

Lentil prices in China are expected to stabilize in the short term. However, market conditions and supply-demand fluctuations will influence future price changes. As of now, the FOB price for organic lentils in Tianjin and Dalian ranges between USD 1,550-1,580/ton, while the conventional lentils are priced at USD 1,480-1,510/ton.

Current Market Prices for Small Lentils

Conclusion: 

With the ongoing shortage of quality lentils, prices are likely to remain volatile in the coming months. Buyers should monitor market trends closely and consider securing supplies while prices are relatively stable.





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