Weekly Review - Peas

06-Dec-2025 08:02 PM

Pea prices fluctuate due to slow buying and selling

Kanpur. The pea market remained volatile during the current week. Slow buying at high prices reduced buyer activity, leading to a decline over the weekend. Meanwhile, recent data from the agricultural sector provides important insights into production trends. According to the Ministry of Agriculture, pea sowing has declined to 6.57 lakh hectares in the current Rabi season, compared to 6.77 lakh hectares last year. This represents a decrease of 0.20 lakh hectares in sowing. Due to the slowdown in imports of yellow peas from abroad and continued withdrawals, the available stocks at Gujarat's three major ports—Munda, Kandla, and Hazira—have declined significantly. As of December 3, 2025, a total of 100,303 tonnes of yellow peas were available at these ports. According to data compiled by IGrain India, yellow pea stocks at Mundra Port declined from 156,796 tonnes on November 17 to 125,344 tonnes on December 3. Stocks also declined at Kandla Port, falling from 136,707 tonnes to 130,788 tonnes.
Yellow pea stocks at Hazira Port declined from 113,028 tonnes to 96,134 tonnes during this period. Analysts say that reduced imports and active clearance have led to lower stock levels, which could impact future market activity.
Pea prices remain stable amid ample supply and limited trading in Western Canadian markets. Trading activity is sluggish due to robust production and a 30% import duty in India. Producers and buyers are also maintaining a low level of activity, awaiting the release of StatsCan production data. Analysts say a slight reduction in production estimates is possible, but a sharp increase in prices is unlikely, as peas from Russia and Ukraine are available at cheaper prices. Yellow peas in Canada are trading between $7.50-$8.00, green peas between $10.50-$11.00, and maple peas between $10.00-$11.50 per bushel.
Due to increased selling by importers and subdued buying, imported pea prices declined by Rs. 25/50 per quintal during the current week, and with this decline, prices at the weekend stood at Rs. 3650/$3550 for Mumbai, Rs. 3525 for Canada, Rs. 3450 for Russia, Rs. 3525 for Canada, and Rs. 3450 for Russia. Due to slower buying, Kanpur pea prices fluctuated by Rs. 25/50 per quintal during the current week, reaching Rs. 3850/$3875 per quintal at the weekend. Due to continued buying, the prices of Lalitpur peas also increased by Rs 150 per quintal this week and reached Rs 3350/3650 per quintal at the weekend. Similarly, Mahoba peas also increased by Rs 30000 per quintal this week and reached Rs 3500/3900 per quintal at the weekend. Due to weakening of selling and increase in buying, Orai peas also increased by Rs 50 per quintal this week and reached Rs 3400/3500 per quintal at the weekend. Similarly, an increase of Rs 150 per quintal was recorded in Mauranipur peas and with this increase, the prices reached Rs 3400/3500 per quintal at the weekend. Due to continued demand, the prices of peas in Madhya Pradesh increased by Rs 150/200 per quintal this week and the prices reached Rs 3300/3600 in Bina and Rs 3500/3575 per quintal in Damoh at the end of the week.
Pea dal
Due to sluggish demand, the prices of peas remained unchanged during the current week and the prices remained stable at Rs 4100/4200 in Kanpur and Rs 4300/4400 per quintal in Indore at the end of the week.