HomePakistanYellow Peas Market Update: Upcoming Arrivals and Price Outlook

Yellow Peas Market Update: Upcoming Arrivals and Price Outlook

Two large shipments are expected:

  • 🚢 Maximos → 35,000 MT (arrival ~20 Nov)
  • 🚢 Dubic Galactic → 30,000 MT (currently anchored, under quarantine inspection)

👉 Combined impact:

  • 📦 ~65,000 MT additional supply
  • ⚠️ Depends on plant quarantine clearance for berthing

📊 Existing Import Base

  • 🇵🇰 Jan–Sep 2025 imports: 120,000+ MT
  • ➕ Upcoming vessels: +65,000 MT
  • 📈 Total effective supply expansion: very large in short period

👉 Market implication:
Domestic supply is entering a high-availability phase

📉 Local Market Conditions

  • 🟡 Current price: ~Rs 100/kg
  • 📉 Trend: weak / under pressure
  • 🧾 Buying interest: low
  • 🤝 Market participation: limited

👉 Key issue:

  • Traders and buyers are not actively building positions
  • Market liquidity is thin

🌍 International Prices

  • 🌐 Yellow peas: $295–300/ton

👉 Insight:

  • Global prices remain relatively stable
  • Local market is more sensitive due to sudden supply inflows

⚖️ Market Balance

FactorImpact
Large vessel arrivals📉 Bearish
Weak demand📉 Bearish
High existing imports📉 Bearish
Quarantine delays (temporary)⚖️ Short-term support

🔚 Conclusion

With ~65,000 MT of additional supply entering the system and already weak demand conditions, the yellow pea market is expected to remain soft and range-bound to bearish in the near term, unless demand from feed or retail segments improves significantly.

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