Lentil price rise predicted in Kazakhstan

Published 2024년 11월 29일

Tridge summary

Farmers in Kazakhstan are advised to suspend trading green lentils due to expected price increases, according to the research bureau "Grain and Oilseeds. Kazakhstan". The current average price for green lentils is 352 thousand tenge per ton, with a maximum price of 450 thousand tenge and a minimum of 350 thousand tenge per ton. Red lentils are safe to sell, with a maximum price of 220 thousand tenge per ton and a minimum of 180 thousand tenge per ton. Peas are valued at 92 thousand tenge per ton, but their prices are not expected to change.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Farmers in Kazakhstan are advised to suspend trade in green lentils. Analysts believe that prices are expected to rise in the future, the APK News agency reports. On November 25, the research bureau "Grain and Oilseeds. Kazakhstan" released another review-recommendation on trade in agricultural products. According to the data, prices for most goods are not expected to rise. Farmers were advised not to hold either grain or oilseeds. Regarding legumes, it was noted that peas can be sold as technically or financially necessary. Red lentils were advised to be sold without hesitation, since favorable prospects for price growth are not predicted in the near future. However, green lentils are recommended to be held. "It is recommended to suspend trade until more favorable prices are obtained," the analysis of large green lentils says. According to the bureau, the current average price for it as of November 25 was 352 thousand tenge per ton excluding VAT. We are talking about the ...
Source: Zol

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