International Market Update (Offer Prices in \$/MT)

02-May-2025 10:11 AM

International Market Update (Offer Prices in \$/MT)
As of May 1, 2025
Urad (Black Matpe)
★ Prices Falling, May-June Shipments Affected for India and Pakistan
Brazil to India:
Price: $895/MT (May 1)
Down from $900 (April 24) and $920 (April 17)
Change: -$5 or -1%
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Myanmar to India (FAQ):
Price: $790/MT, Change: -$15 or -2%, 4-week average: 4% lower
SQ
Price: $870/MT, Change: -\$20 or -2%, 4-week average: 4% lower
★ Importers and traders are advised to proceed with caution for May-June shipments.
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Desi Chickpeas (India, Jun/Jul Shipment):
★ Price: $790/MT, No change, 6% higher than 4-week average
★ Strong demand in India, Nepal, and UAE keeping prices stable.

Pigeon Peas
Myanmar to India:
★ Price: $785/MT (May 1), Down by $15 (-2%), 4-week average: 4% lower
★ Falling prices could affect the Indian market.
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Yellow Peas:
From Canada:
Bangladesh: $455, China: $370, India: $440
★ Prices remain stable

From Russia/Ukraine to India:
Price: $395/MT, Down -$5 (-1%), 4-week average: 3% lower
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Red Lentils (Crimson Type):
Canada to:
India: $665 (-2%)
Sri Lanka: $675 (-2%)
Turkey: $705 (-3%)
All below 4-week average

From Australia to India:
Jumbo: $720 (Stable)
Nipper: $665 (Stable)
Summary:
★ Pressure is visible on lentil exports from Canada, while Australian shipments remain stable and well-priced. India, Pakistan, Sri Lanka, and Turkey may benefit from this price dip.