Mumbai, 05 Dec (Commoditiescontrol): Yellow pea(matar) prices remained steady on Thursday, reflecting subdued trading activity in domestic and international markets. A decline in old-crop inventories was counterbalanced by improved arrivals of the new crop, while reduced imports from Canada, a key supplier, also influenced the market dynamics.
In the domestic markets desi pea prices exhibited a similar trend. In major trading centers such as Mumbai and Kolkata, prices for imported yellow peas from Canada and Russia remained firm.
Locally grown yellow peas from Uttar Pradesh and Madhya Pradesh showed a marginal price increase, particularly in Kanpur. However, white peas in regions like Lalitpur, Orai, Rath, Mauranipur, and Mahoba maintained stable prices, and green pea prices followed a steady pattern across various mandis.
On the international front, yellow peas arriving at Mundra port in breakbulk shipments from Canada were quoted at $400 per metric ton while Russian yellow peas was quoted $380 per metric ton.
Market analysts expect yellow pea prices to remain steady in the near term, supported by stable international market trends and limited domestic trading activity. However, a key factor influencing both global and domestic yellow pea markets will be the Indian government's decision on extending the duty-free import window, which is set to expire on December 31.
Spot Matar Prices In Key Indian Markets:
(By Commoditiescontrol Bureau; +91-9820130172)
0 Comments 
Post Comment 
