Introduction India duties brought down the price of yellow peas

the Indian government on November 9 imposed a 50% import duty on peas, as prices in the domestic market fell below the level of state support.

the Main suppliers of peas in the country are Canada, USA, Russia and France. In 2016/17 MG India increased its imports of peas by 41% to a record high of 3.17 million tons.

Introduced a 50% duty would effectively ban on the import of peas in the country in the coming months, which will lead to a substantial decrease in imports.

the Global market of peas after the introduction of India's duty went into a state of protracted decline and lost a significant amount of value.

In Canada, prices for yellow peas fell to the maximum in the entire history of the amount snezhnevskij to 58 $/t

In Ukraine, purchasing prices for yellow peas has fallen to the level 185-190 $/t delivery port, while a week ago he was offered 200-210 $/t