Weekly Review - Peas

27-Dec-2025 08:36 PM

Pea Market Improves, Strong Buying Supports Prices

Kanpur. A positive trend was observed in the pea market this week. Despite falling prices, selling pressure eased and strong buying activity led to an improvement in pea prices. According to analysts, limited availability of imported peas at ports resulted in restricted selling by importers, reducing supply pressure in the domestic market and strengthening the market. Pea sowing in the country has been relatively weak this year. With limited acreage under pea cultivation in major producing regions, a significant increase in production seems unlikely. Given this situation, stockists also adopted a cautious approach to selling, preventing additional pressure on the market. Experts believe that weak sowing and limited supply are maintaining price stability. Strong buying activity this week suggests that pea prices are likely to remain supported in the coming weeks. If demand increases slightly and supply remains limited, further price improvements may be seen in the market.  A decline has been recorded in the area under pea cultivation during the current Rabi season. According to the latest data from the Ministry of Agriculture, the total area under peas has decreased from 8.27 lakh hectares last year to 7.92 lakh hectares. Experts say that the shift in farmers' preference towards other Rabi crops in major producing regions and the less competitive prices of peas are considered the main reasons for this decline.
Canadian yellow pea exports have seen a sharp decline this year due to policies in China and India. China imposed a 100 percent import duty on Canadian peas in March 2025, causing exports to plummet from an average of 1.5 million tonnes per year to just 70,400 tonnes. India implemented a 30 percent customs duty on yellow peas from November 2025, although the deadline for duty-free imports was extended several times. As a result, pea prices in Canada fluctuated between $5.94 and $11.40 per bushel. Meanwhile, despite increased production, global demand and competitive pressure kept prices subdued.
Due to weaker selling by importers and increased buying, the prices of imported peas increased by Rs. 50-75 per quintal during the current week. With this increase, the prices at the end of the week were Mumbai Canada Rs. 3825, Russia Rs. 3700, and Mundra Canada Rs. 3725/3750 and Russia Rs. 3675/3700 ​​per quintal. Due to continued buying, Kanpur pea prices increased by Rs. 50 per quintal this week, reaching Rs. 3975/4000 per quintal at the end of the week. Similarly, Lalitpur pea prices also increased by Rs. 50-100 per quintal this week, reaching Rs. 3500/3750 per quintal at the end of the week. Due to strong demand, Mahoba pea prices also increased by Rs. 50 per quintal this week, reaching Rs. 3800/4000 per quintal at the end of the week. Due to weaker selling and increased buying, Orai pea prices also increased by Rs. 50 per quintal this week, reaching Rs. 3400/3600 per quintal at the end of the week. Similarly, Mauranipur pea prices also registered an increase of Rs. 50 per quintal, and with this increase, the prices reached Rs. 3500/3550 per quintal at the end of the week. Due to widespread bullish sentiment and increased demand, Madhya Pradesh pea prices registered an increase of Rs. 50 per quintal this week, and with this increase, the prices at the end of the week were Bina Rs. 3400/3650 and Damoh Rs. 3475/3575 per quintal.
Pea Dal
Supported by firm pea prices and increased demand, pea dal prices rose by Rs. 100 per quintal during the current week, reaching Rs. 4300/4350 per quintal in Kanpur and Rs. 4400/4500 per quintal in Indore by the end of the week.