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Canada White Pea Moves Lower In Mundra/Kolkata Amid Weakness In Chana

27 Feb 2020 1:13 pm
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MUMBAI (Commoditiescontrol) – Canada-origin White Pea at Mundra and Kolkata, widened losses by Rs 100/100Kg on Thursday, amid dull buying and weak trend in Chana. Meanwhile, White Pea arrivals have commenced in selected markets of Uttar Pradesh. It is likely to pick up pace after Holi.

The reason behind this dullness lies in the shift of White pea's trading volume, as the preference stays with Chana/Kabuli Chana due to cheaper prices and easy availability.

Consumption in Chana dal/besan was reported to be thin, despite lower prices.

The peas could not find support, despite tightness in ready stock.

However, imports are unlikely as Government imposed the CIF value of Rs 200 per kg as Minimum Import Price for peas.

Meanwhile, Jaipur High Court postponed the hearing on pulses import restriction till March 6, 2020. The hearing is regarding non-issuance of Customs clearance to containers of White Pea imported against the stay order.

Following are rates (Rs/100Kgs) of Imported White Pea in Key Indian Market today:



(By Commoditiescontrol Bureau; +91-22-40015513)


       
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