India Rumors Distress Peas
CHONGQING - Mar 30/18 - SNS -- Field pea markets ended the week's trading on an anxious note in the face of "strong rumors" India is considering a ban on pulse imports.
The rumor stemmed from a recent meeting between a group of domestic pulse processors and India's Petroleum Minister Dharmendra Pradhan.
They asked the minister to "terminate" import quotas for tur or pigeon pea, mung beans, and urad or black mapte. Tur imports are limited to two million metric tons (MT) per fiscal year, while combined imports of mung and black mapte cannot exceed three million.
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.
