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Canada White Pea Ends Weaker In Mundra

27 Feb 2020 5:39 pm
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MUMBAI (Commoditiescontrol) – Canada-origin White Pea at Mundra, declined further by Rs 100 to Rs 5,850/100Kg on Thursday, amid dull buying. Meanwhile, White Pea arrivals have commenced in selected markets of Uttar Pradesh. The pace will pick up 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.

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

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

Even 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 the non-issuance of Customs clearance to containers of White Pea imported against the stay order.

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


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