News Capsule: Yellow Pea – Prices on the Rise
03-Jan-2026 04:48 PM
News Capsule: Yellow Pea – Prices on the Rise
★ From the end of December to early January, the yellow pea market has witnessed continuous firmness. Prices have improved in both domestic mandis as well as imported yellow peas. Most varieties have recorded notable gains on a daily, monthly, and quarterly basis, indicating better demand and limited supply.
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Domestic Market Situation
★ Kanpur Bilty (M.P. & U.P.): Prices increased from ₹4,000 to ₹4,125, registering a gain of ₹125. December versus November shows a rise of ₹250, while prices are ₹725 higher compared to September.
★ Lalitpur: Prices moved up from ₹3,450 to ₹3,550, a gain of ₹100. Prices are ₹250 higher than November and ₹650 higher compared to September.
★ Orai: Prices increased from ₹3,700 to ₹3,900, marking a gain of ₹200. December versus November shows an increase of ₹430, while prices are ₹950 higher compared to September.
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Imported Yellow Peas – Mumbai and Mundra Ports
★ Mumbai Canada: Prices increased from ₹3,850 to ₹3,900, a gain of ₹50. Prices are ₹225 higher than November and ₹550 higher compared to September.
★ Mumbai Russia: Prices rose by ₹50 to ₹3,775. This reflects a gain of ₹200 over November and ₹675 over September.
★ Mundra Canada: Prices moved up from ₹3,775 to ₹3,825, a gain of ₹50. Prices are ₹300 higher than November and ₹725 higher compared to September.
★ Mundra Russia: Prices increased from ₹3,700 to ₹3,775, a gain of ₹75. Prices are ₹325 higher than November and ₹825 higher compared to September.
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Monthly and Quarterly Trend
★ The December 2025 average was ₹200–430 per quintal higher across all major varieties compared to November 2025.
★ Compared to September–October 2025, December prices registered a sharp jump, clearly indicating a strong recovery from lower levels.
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Conclusion and Outlook
★ The recent rise in yellow pea prices is mainly driven by the 30% import duty, declining stocks at ports, and improved domestic demand.
★ Old stocks at ports and in domestic markets have largely been absorbed.
★ Sowing is weaker compared to last year.
★ In the near term, the yellow pea market is expected to remain firm to stable, and with an improvement in demand, further upside cannot be ruled out.
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.