STAT Communications Ag Market News

Pea Demand To Boom in China

QINGDAO - Apr 21/18 - SNS -- China's field pea import demand will grow dramatically this year because of expansion of the country's fractionation capacity and unexpected buying by the country's livestock feed sector.

Speakers at this year's China International Pulse and Seeds Conference here suggest growing trade tension with the United States along with a steep reduction in demand by India are key factors helping drive demand.

An estimated 300,000 metric tons (MT) of peas have already been bought by compound feed manufacturers. This contributed to a 25% increase China's field pea imports in January and February at 256,000 MT.

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