Yellow Pea Market: Trading Remained in a Narrow Range in 2025

31-Dec-2025 02:21 PM

Yellow Pea Market: Trading Remained in a Narrow Range in 2025
★ During 2025, prices in the domestic yellow pea markets largely remained within a limited range, with no major volatility observed. Prices were steady at the beginning of the year in January, while a mild improvement was seen during February–March. In April–May, prices stayed stable as arrivals and demand remained well balanced.
★ During June–July, improved demand in some key centers provided support to prices. However, fresh arrivals and cautious buying during August–September led to some softness in the market. From October to December, prices again closed on a stable to slightly firm note.
★ Lalitpur recorded a yearly high of ₹3,500 and a low of ₹2,950, with an average price of ₹3,252. In Rath, prices traded in the range of ₹3,100–3,700, averaging ₹3,373. Kanpur Bilty saw a high of ₹4,150 and a low of ₹3,425, with an average of ₹3,720.
Mumbai Canada peas traded between ₹3,350 and ₹4,025, averaging ₹3,604, while Mumbai Russia peas ranged from ₹3,150 to ₹3,900, with an average of ₹3,463. At port-based markets, Mundra Canada recorded a high of ₹3,900 and a low of ₹3,150, averaging ₹3,452. Mundra Russia prices ranged between ₹2,975 and ₹3,800, with an average of ₹3,354.
★ On the international front, import prices also moved within a narrow band. Mundra Canada CNF prices ranged from $295 to $315 per tonne, with an average of $306. Kolkata Canada CNF prices traded between $310 and $320 per tonne, averaging $316.
★ In 2025, pea prices remained at relatively lower levels due to normal demand and controlled imports. Falling prices prompted the government to impose a 30% import duty on peas, which provided some support to domestic prices.
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Outlook for 2026
★ Large-scale imports during 2025 altered the overall pulse market dynamics. Heavy imports of peas caused significant stress on the pulse industry, leading to the imposition of import duty.
★ Compared to last year, imports have declined; however, overseas availability remains high. With China imposing import duties on Canadian peas, a large volume of peas has become available for the Indian market.
★ Imports are expected to increase gradually. After a phase of sharp movement, the pea market is likely to trade within a limited range going forward.

Important Disclaimer:
This report is for informational purposes only I-Grain India does not take any responsibility for profits or losses and does not promote any specific market movement (bullish or bearish). *Please make decisions based on your own judgment and understanding.