Weekly Review-Peas
27-Jul-2024 07:23 PM
Buying of peas slow due to increased availability
Kanpur. Due to increased availability of imported peas and slow buying, the prices of peas declined during the current week. Due to increasing imports, there is pressure on the prices of peas. From December 2023 to June 2024, about 19 lakh tonnes of yellow peas are expected to be imported at Indian ports. Due to increased selling by importers and sluggish demand, the prices of imported peas declined by Rs 100 per quintal this week and the prices remained at Mumbai Canada Rs 3900 Russia Rs 3650/3700 and currency Canada Rs 3700 and Russia Rs 3600 per quintal at the weekend. Due to the impact of the decline in imported peas and slow demand, the buying of Desi peas is missing. Due to increased selling pressure and sluggish demand, Kanpur pea prices declined by Rs. 100 per quintal this week and with this decline, the price remained at Rs. 4000/4025 per quintal at the weekend. Similarly, Lalitpur pea prices also declined by Rs. 50 per quintal during the current week and the price remained at Rs. 3700/3850 per quintal at the weekend. Due to weak buying, Mahoba pea prices declined by Rs. 50 per quintal and the price remained at Rs. 3700/3850 per quintal at the weekend. Similarly, Mauranipur pea prices declined by Rs. 100 and Jalaun pea prices declined by Rs. 70 per quintal and with this decline, the price remained at Rs. 3600/3700 for Mauranipur and Rs. 3635 per quintal for Jalaun at the weekend. Due to sluggish demand, Urai pea prices declined by Rs. 50 per quintal and remained at Rs. 3600/3670 per quintal. Similarly, in Madhya Pradesh, the price of peas fell by Rs. 50/150 per quintal this week and the price remained at Rs. 3700/3725 in Bina and Rs. 3600/3800 per quintal in Damoh at the weekend.
Pea dal
Due to the impact of the fall in the price of peas and the demand remaining sluggish, the price of pea dal saw a fall of Rs. 200 per quintal during the current week and the price remained at Rs. 4300/4350 in Kanpur and Rs. 4650 per quintal in Indore at the weekend.