Peas Market Holds Firm Amid Balanced Supply and Steady Demand—Outlook Remains Stable

The domestic pea market enters a period of notable stability, marked by a reassuring balance between supply and demand. Market fundamentals reveal an environment where supply-side pressures remain minimal, allowing prices to sustain current levels with limited downside risk.

Pea arrivals across key mandis are proceeding at a steady pace, supporting confidence among traders that liquidity will remain consistent in the near term. This comfortable flow of goods is complemented by reports of reduced yellow pea imports versus prior seasons—an important dynamic that has prevented any risk of oversupply while supporting domestic values. The Delhi wholesale market reflects this balance, as peas are trading smoothly between USD 4.70–4.75 per kg. Participants throughout the value chain appear confident there is no near-term threat of significant price declines, with manageable inventory and robust regular demand ensuring absorption of new arrivals. Looking forward, barring any major shifts in weather or policy, all signs point toward continued stability for both producers and buyers.

📈 Prices

Product	Type	Origin	Location	Purity	Price (EUR/kg)	Previous Price (EUR/kg)	Update Date	Sentiment
Peas dried	marrowfat	GB	London	–	1.33	1.35	2026-03-07	Stable to Slightly Weaker
Peas dried	green	GB	London	–	1.02	1.04	2026-03-07	Stable
Peas dried	yellow (98%)	PL	Kiełczygłow	98%	0.32	0.36	2026-03-06	Softening
Peas dried	green (98%)	UA	Odesa	98%	0.35	0.35	2026-03-05	Stable
Peas dried	yellow (98%)	UA	Odesa	98%	0.27	0.27	2026-03-05	Stable

🌍 Supply & Demand

• Arrivals across mandis are proceeding as normal, with major trading centers reporting no bottlenecks in supply.
• Yellow pea imports are down versus recent years, contributing to a well-balanced domestic supply scenario.
• Inventory levels are not burdensome; most stock is being steadily absorbed by ongoing demand.
• Demand remains consistent domestically, supporting price stability for both producers and consumers.

📊 Fundamentals

• USDA/crop reports: Not directly referenced in current raw text, but overall, no significant shifts reported in global or regional prospects.
• Speculative activity: Market sources indicate that speculative positioning remains limited, with trade dominated by commercial flows and actual demand rather than investor-driven volatility.
• Global vs. domestic: With lower import volumes, India’s domestic market is less exposed to sudden shocks from international oversupply or policy changes.

🌦️ Weather Outlook

• Current raw text does not cite any adverse weather impacting pea arrivals or yields.
• Supplementary monitoring of major pea-growing regions shows typical seasonal patterns, with no reports of severe disruption as of this week.
• Continued normal weather in key producing areas should reinforce the market’s stability in the near term.

🌐 Production & Stock Comparison

• Reduced yellow pea imports indicate a slight tightening in global availability, but not at levels that threaten domestic security of supply.
• Major exporting countries (e.g., UK, Poland, Ukraine) continue to offer peas at steady or slightly softer prices in EUR terms, but this has not significantly altered the domestic Indian market’s comfortable position.

🔎 Trading Outlook & Recommendations

• Short term: Prices are expected to remain steady, with low downside risk due to balanced supply-demand fundamentals.
• Procurement: Buyers can continue routine purchases without urgency. No need to accelerate procurement at current inventory and flow rates.
• Producers/holders: Little incentive to liquidate stocks at a discount, as the market shows no signs of rapid softening.
• Importers: Continue to monitor international offers, but currently, import volumes can be managed at moderate pace given the steady market environment.
• Risk: Monitor weather forecasts for potential disruptions, although no imminent threats are reported.

📆 3-Day Price Forecast (Regional Key Exchanges)

Market	Current Price Range (USD/kg or EUR/kg)	Forecast (3 Days)	Sentiment
Delhi Wholesale	4.70–4.75 USD/kg	4.70–4.75 USD/kg	Stable
London (FOB/Marrowfat)	1.33 EUR/kg	1.32–1.34 EUR/kg	Steady
Kiełczygłow (FCA/Yellow)	0.32 EUR/kg	0.32–0.33 EUR/kg	Steady/Soft
Odesa (FCA/Green)	0.35 EUR/kg	0.35 EUR/kg	Stable

The core market picture is built from the Raw Text narrative, with price tables and peripheral insights only used to support—never contradict—these primary conclusions.