Kanpur. During the current week, an upward trend was observed in pea prices. The market received strong support as selling pressure at lower price levels subsided and buyer activity intensified. With a surge in trading activities, pea prices have firmed up across major markets. Following the decline in prices witnessed in recent days, trading in peas at current levels has begun to appear profitable. Consequently, purchasing by traders and stockists has increased, thereby strengthening overall market sentiment. In the domestic market, both local consumption and demand for inter-state shipments remain satisfactory. The improved demand is driving increased consumption of available stocks, providing continuous support to prices. During trading sessions, buyers appeared more active than before, fostering a positive atmosphere within the market. Market experts believe that if the demand trend remains similarly robust in the coming days and selling pressure remains under control, there is a possibility of further improvement in pea prices. Currently, the market trend appears to be leaning towards strength. As selling by importers weakened and buying increased, a recovery of ₹50 per quintal was recorded in the prices of imported peas during the current week. With this recovery, prices at the week's end stood at ₹4,025 per quintal for Canadian peas and ₹3,925 per quintal for Russian peas at Mundra Port; and at ₹4,175–₹4,225 per quintal for Canadian peas and ₹4,150 per quintal for Russian peas at Hazira Port. Driven by increased buying from stockists, a rise of ₹50 per quintal was recorded in the prices of Kanpur peas this week, bringing the price to ₹4,450 per quintal. Similarly, the price of Lalitpur peas also rose by ₹50 per quintal, reaching a range of ₹3,900–₹4,300 per quintal by the end of the week. Sustained buying activity led to a rise of ₹100 per quintal in Rath peas, pushing prices to ₹4,300–₹4,500 per quintal by the end of the week. Driven by increased buying interest, Mauranipur peas also witnessed a surge of ₹100 per quintal, with prices settling at ₹4,100–₹4,300 per quintal by week's end. As both buying and selling activities remained subdued, prices for Madhya Pradesh peas saw no fluctuation this week; by the weekend, rates stood at ₹3,800–₹4,250 per quintal in Bina and ₹4,000–₹4,250 per quintal in Damoh.

Pea sowing is gaining momentum in Western Canada. Approximately 70 percent of sowing has been completed in Alberta, and 53 percent in Saskatchewan. Thanks to improved weather conditions, crop progress is reported to be satisfactory. According to trade sources, Canadian pea exports to China remain robust. In April, Canada nearly caught up with Russia in terms of market share within China's pea import sector, providing significant support to exporters. Meanwhile, the FOB farm-gate price for yellow peas in Western Canada has remained stable at $8.00–$8.50 per bushel. Chinese importers remain active in their purchasing, whereas demand from Indian importers is reported to be relatively sluggish.

Due to continued sluggish demand, prices for split peas (Matar Dal) witnessed minor fluctuations—rising or falling by ₹50 per quintal—during the current week. By the weekend, prices settled at ₹4,750–₹4,900 per quintal in Kanpur and ₹4,800–₹4,950 per quintal in Indore.