Kanpur. During the current week, prices in the pea market witnessed a downward trend. According to market sources, pea prices are under pressure due to continued selling pressure and weak customer base. The supply in the market is maintained due to the selling done by stockists, but due to weak demand, prices are not able to remain stable. Unseasonal rains in Saskatchewan and Alberta provinces of Western Canada have caused waterlogging in the fields, which is creating difficulties in harvesting peas. Green peas are likely to suffer more damage, while the condition of yellow pea crop is said to be fine. Although the production may be better than last year, there is concern about the quality of the crop. Currently, the price of yellow peas is $ 9.00–9.25 / bushel and green peas is $ 12.00–13.00 / bushel. Maple pea prices are stable. Export demand is weak. Trade in China is affected due to 100% import duty and anti-dumping investigation, while in India, despite import duty being free, buyers are less active. In such a situation, the possibility of increase in prices seems less at present. Due to increasing selling pressure from importers and weakening demand, prices of imported peas declined by Rs 50/75 per quintal during the current week as well and the prices remained at Mumbai Canada 3500 Rs. Russia 3300 Rs. and currency Canada 3300/3325 Rs. and Russia 3150/3175 Rs. per quintal at the weekend. Prices of Kolkata peas also declined by Rs 25 per quintal this week and the prices remained at Canada 3700 Rs. and Russia 3400/3500 Rs. per quintal. Due to calm buying, prices of Kanpur peas declined by Rs 25 per quintal this week and the prices remained at Rs 3525/3600 per quintal at the weekend. Similarly, prices of Lalitpur peas declined by Rs 25/50 per quintal this week and the prices remained at Rs 3100/3300 per quintal at the weekend. Due to customer support, Orai peas declined by Rs 50 per quintal this week and remained at Rs 3100/3200 per quintal at the weekend. Similarly, Mahoba peas also declined by Rs 50 per quintal this week and remained at Rs 3300/3500 per quintal. Due to sluggish demand, no increase or decrease was seen in the prices of Madhya Pradesh peas last week and the prices remained at Rs 3200/3350 for Bina and Rs 3250/3325 per quintal for Damoh at the weekend.

Due to sluggish demand, prices of peas dal witnessed a fall of Rs. 50 per quintal during the last week and with this fall, the price at the end of the week remained at Rs. 3900/3950 in Kanpur and Rs. 4050/4150 per quintal in Indore.