Global Peas Market Trades Weak Due To Lack of Fresh Demand From India and China

Global field peas market traded weak as concerns regarding demand from China and India are increasing due to good rabi production prospects in India and spread of Corona virus in china.Export import from China is almost halted due to fear.India too would not be a buyer even in March-2020.Area of chickpeas is higher and production in India would cross 100 lakhMT this year if weather condition during rest of Feb and march remains favorable.Even lentils production prospects seems good this year in India.All these factors have pressurized global markket.Overall, tone remains weak.

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