Pea Market – July 2025 Report

31-Jul-2025 01:21 PM

Pea Market – July 2025 Report
★ Imported pea prices increased, supported by rising chickpea prices.
★ Since the start of the month, imported pea prices have risen by ₹125–225/quintal. On 30th July, Mumbai Canada container peas closed at ₹3,550, Russia-origin at ₹3,325, and Mundra Canada at ₹3,400/quintal.
★ In Kanpur, MP bilty peas opened at ₹3,400/quintal at the start of the month and have now increased to ₹3,675/quintal.
★ Similar price trends were seen in Lalitpur, Orai, and Jhansi mandis.
★ Demand for peas strengthened alongside rising chickpea prices, though current levels are still not as high as earlier peaks.
★ Port stocks of peas are gradually depleting.
★ Canada and Russia’s new crop is expected to arrive from October, which, combined with further chickpea price movement, could influence pea prices.
★ Market volatility is likely to continue until October.