News Capsule: Limited Impact of India’s Yellow Pea Import Duty; What the Future May Hold
28-Nov-2025 01:37 PM
News Capsule: Limited Impact of India’s Yellow Pea Import Duty; What the Future May Hold
★ China’s Tariffs Have a Wider Impact on Canada
★ India’s import duty on yellow peas has not had any major impact on the desi chickpea or Canadian pea markets. Global supplies remain ample, preventing any significant price volatility.
★ In contrast, China’s tariffs on Canadian agricultural products are proving far more impactful than India’s pea duty. These Chinese tariffs apply to nearly all Canadian commodities, while countries like Russia and Ukraine face no such restrictions.
★ India may still need to continue purchasing yellow peas, as they remain the cheapest pulse available.
★ After the duty was imposed, prices of peas and chickpeas in Indian markets increased for only about 10 days, but then began to decline again. This clearly indicates rising availability and weak demand within the country.
★ According to I-Grain India, both the pace and volume of yellow pea imports may remain limited this year. Last year, due to special circumstances, India imported pulses at record levels. Many importers and traders suffered heavy losses due to high-priced imports, and some even exited the pulse trade entirely.
★ As the saying goes, “Once bitten, twice shy.” Likewise, Indian importers and traders will move forward more cautiously, aligning their purchases strictly with actual demand.
★ We believe that chickpea and pea prices are unlikely to see any major further decline from current levels. Markets may stabilise and gradually move toward a mild recovery in the coming weeks.
Important Disclaimer:
This report is for informational purposes only I-Grain India does not take any responsibility for profits or losses and does not promote any specific market movement (bullish or bearish). *Please make decisions based on your own judgment and understanding.