By Commodity News Service Canada
Winnipeg, Dec. 29 – Following are a few highlights in the Canadian and world pulse markets on Tuesday, December 29.
– According to a report in the Business Recorder, prices for poultry and vegetables in Pakistan have dropped sharply in recent weeks. However, the cost of buying pulses at the market has remained high. Local traders say the reason is because pulses fluctuate with the rise and fall of crude oil, unlike vegetables and chickens.
– India’s Income Tax Department has carried out several searches recently of commodity dealers suspected of committing tax evasion in the pulse trade. As a result, several computers from businesses in Mumbai have been seized. The raids came just a few weeks after 93,000 tonnes of pulses were seized from dealers suspected of hoarding supplies around the country, according to reports on dnaindia.com.
– Russian pea exports held steady in the period between December 21-27. According to APK-Inform Agency, the country exported 6,000 tonnes of peas to international buyers.
