QUALITY Pulse Hyse has secured a new market for peas in United Arab Emirates, South Africa and United Kingdom.
The company, operating at Benjamin Mkapa
Economic Zone, said already has inked a deal to export 800 tonnes to
Dubai, of which 200 tonnes are processed for export. Quality Pulse Hyse
Chief Executive Officer Mr George Ferrera said the firm currently was
...
cleaning the factory and clearing the backlog before resuming buying
from farmers.
“After India stopped buy ing peas we
closed shop and stopped buying the crops from farmers for a while as we
looked for other markets,” he said yesterday.
The firm, operating under Economic
Processing Zones Authority (EPZA), said at the time India banned
importing peas from the country it was stuck with almost 400 tonnes
worth 500,000 US dollars (1.1bn/-).
“The peas will now be processed for the
new export markets, as we wait for India to open their doors again,” Mr
Ferrera said. The prices for peas plummeted from 12,000/- to 300/- per
kilo after India stopped buying the crop following the increased of
local production that bridged a deficit of five million tonnes.
The CEO said the government Tanzania and
India are still in talks over lifting the ban to allow peas from Dar to
enter Delhi. The firm said the new exporting market will not only
benefit pea farmers but also green gram, sunflower, oilseed and lentils.
In August, India restricted imports of
peas, which earlier was free, up to 200,000 tonnes. The move comes at a
time when the price of the lentil in India plunged more than 60 per cent
due to record production.
According to reports from New Delhi, the
restriction will help support India prices but put pressure on
producers such as Myanmar, Tanzania, Mozambique and Malawi which rely on
exports to India.
India’s pigeon peas production jumped 80 per cent to 4.6 million tonnes in 2016/17.
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