Kanpur: Pea prices showed mixed trends during the current week due to subdued buying and selling activity. Prices remained within a limited range as demand and supply remained balanced in the market. However, a significant international development at the end of the week provided strong support to pea prices, leading to a surge in the market. The global pea market was stirred by China's announcement to remove the 100 percent import tariff imposed on Canadian peas. Pulses Canada welcomed this decision by China. This tariff will be completely removed from March 1, 2026, allowing Canada to regain direct access to China, one of its most important export markets. It is noteworthy that this 100 percent import duty was imposed in March 2025, which had almost halted Canadian pea exports to China. Between 2019 and 2024, Canada exported peas worth approximately $3.7 billion to China, making China the largest buyer of Canadian peas. This decision is also considered good news for India. The opening of the Chinese market is likely to increase pea prices in Canada, which will directly impact import costs in India. Increased import costs could put pressure on availability in the Indian market. According to trade experts, the potential strengthening of international prices may also affect the domestic market, and an upward trend may emerge in the Indian pea market in the coming days. Currently, pea prices have shown improvement at the end of the week due to this expectation. Due to increased selling by importers and weak buying, the prices of imported peas declined by Rs. 75-100 per quintal during the current week.  With this decline, the prices at the end of the week were Rs. 3850-3875 per quintal for Canadian peas in Mumbai, Rs. 3775 per quintal for Russian peas, and Rs. 3800-3825 per quintal for Canadian peas in Mundra, and Rs. 3750-3775 per quintal for Russian peas. Similarly, the price of Kanpur peas softened by Rs. 25 per quintal this week, settling at Rs. 4150 per quintal at the end of the week.  Likewise, the price of Lalitpur peas also declined by Rs. 50 per quintal this week, reaching Rs. 3700-4000 per quintal at the week's end. Due to weak demand, Mahoba peas also saw a decline of Rs. 100 per quintal this week, with prices settling at Rs. 3800-4300 per quintal at the end of the week. Due to weak selling and increased buying, Urai peas also declined by Rs. 50 per quintal this week, settling at Rs. 3600-3900 per quintal at the week's end. Similarly, Mau Ranipur peas saw an increase of Rs. 50 per quintal, with prices reaching Rs. 3600-3700 per quintal at the end of the week. Due to the overall downward trend and weak demand, Madhya Pradesh peas saw a decline of Rs. 50 per quintal this week, with prices settling at Rs. 3500-3750 per quintal in Bina and Rs. 3500-3800 per quintal in Damoh at the end of the week.

Due to increased demand, the price of pea dal increased by Rs. 50 per quintal during the current week, with prices settling at Rs. 4500-4550 per quintal in Kanpur and Rs. 4650-4700 per quintal in Indore at the end of the week.