Demand Worries Appear in Peas
PANAMA - Feb 14/20 - SNS -- Field pea markets finished the week's trading on a moderately easier note over concerns demand from China will be subdued on account of the spread of the coronavirus and restrictions on entry by people who have travelled to the country in the previous 14 days.
Compounding these concerns is the expectation India will remain absent from markets because of optimism about this year's rabi season crop prospects.
Area in chickpeas is up over last year, while the industry in India expects average yields to be up over last season because of a strong finish to last year's monsoon.
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