Peas expected to trade in a range

Peas

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Like other Pulses markets, Peas cash market too traded sideways in the range of INR 25 per quintal, on an average during the week under review due to regular imports of Yellow Peas import which is likely to cross the 20 lakh tonnes mark taking cue of extended timeframe for Yellow Peas imports till 31st October.

Yellow / White Peas cash market is expected to move in a range of INR 100-200 per quintal given the background bulk imports of Yellow Peas. However, any spike in Chana market may also play a crucial role in deciding the market sentiments ahead.  

Quality crop (Dantewada Line) of Green Peas trade at INR 7,400 per quintal, up by INR 200 per quintal during the week in major market Harpalpur amidst negligible arrivals and stocks.

Meanwhile, Desi Peas traded at INR 4,325 per quintal, down by 0.57% and White Peas traded at INR 4,425 per quintal, down by 0.56% in Kanpur.