Weekly Pulses Price Report
International prices of yellow peas showed an upward trend, while red lentil offers remained mostly steady, with marginal increases in some markets. All prices are quoted in USD per tonne on a CNF basis.
Yellow Peas
- Canada's offer to Bangladesh rose to $520/tonne, up $20 from the previous week.
- Offers to China reached $390/tonne, while vessel-quality yellow peas for India (Mumbai) were quoted at $410/tonne.
- Russia's offer to China stood at $325/tonne.
- Offers from Russia/Ukraine to India increased to $390/tonne, while Pakistan was quoted at $400/tonne.
Red Lentils
- Canada's crimson vessel-quality lentils for India (Mumbai) were quoted at $550/tonne.
- Canadian lentils for India reached $590/tonne, up $10 from the previous week.
- Offers to Sri Lanka stood at $600/tonne, while prices for Turkey rose to $645/tonne.
- Australian lentil offers to India, Bangladesh and Pakistan remained largely unchanged.
Market Outlook
Rising yellow pea offers may increase import costs, while red lentil prices remain relatively stable. The Indian market outlook will depend on import policies, domestic demand, stock availability and new-crop arrivals.
