Peas take a U-turn, prices jump sharply
21-Jul-2025 01:32 PM
Peas take a U-turn, prices jump sharply
★ Chana (chickpea) prices are continuously rising, and imported peas are arriving in limited quantities. Old stock at ports is now being cleared rapidly.
★ For the first time in a long period, such a strong single-day surge was seen in the peas market. With no major imports expected before October, the price trend remains strong.
★ Going forward, rising chana prices are expected to further support pea prices.
~~~~~~
Market snapshot as of 1 PM today
Kolkata:
★ Russian yellow peas rose by ₹25, reaching ₹3,450–3,550
★ Canadian peas also gained ₹25, now at ₹3,700
~~~~~~
Mumbai:
★ Russian peas remained steady at ₹3,300
★ Canadian peas jumped ₹50 to ₹3,550
~~~~~
Mundra Port:
★ Russian peas increased by ₹75, trading at ₹3,200–3,225
★ Canadian peas rose ₹25, reaching up to ₹3,350
~~~~~
Hazira Port:
★ Russian peas saw a sharp rise of ₹100, now at ₹3,200–3,250
~~~~~~
Domestic markets follow the same trend
Kanpur:
★ Peas from both Uttar Pradesh and Madhya Pradesh surged ₹150, trading at ₹3,700–3,750
Lalitpur:
★ Mill-quality peas climbed ₹150 to ₹3,300
★ Polish peas rose ₹100 to reach around ₹3,500
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.