Global Pulses Market
13-Apr-2026 09:29 AM
Global Pulses Market
★ Mixed trends were seen in peas, lentils, and chickpeas.
Peas: Market steady
★ Demand remains firm after China removed import duty on Canadian peas and India extended pea import permission until March 2027.
★ Easing tensions related to Iran may soften crude oil prices, which could reduce ocean freight costs and lower export expenses.
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Lentils: Mixed trend
★ The green lentil market remains under pressure due to large stocks in major exporting countries.
★ However, rising chances of El Niño and forecasts of weaker monsoon in India may increase production risks in coming months, potentially boosting import demand.
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Chickpeas: Limited improvement
★ Higher demand for small-sized desi chickpeas has pushed Australian farm prices up by about 4%.
★ This indicates that international buyers are gradually becoming active. If India receives weak monsoon rains, pulse prices may strengthen further in the coming period.