DAR ES SALAAM, Aug. 28 -- THE sharp fall in pigeon pea prices in Tanzania stems from a global slump triggered by abundant supply, according to the Tanzania Mercantile Exchange (TMX).

The exchange noted that international market dynamics, particularly Indias policy on duty-free imports, have played a decisive role in shaping local prices.

With New Delhi being the largest consumer of pigeon peas, its extended duty-free window has encouraged higher exports from East Africa and Canada, creating an oversupply that has weighed heavily on Tanzanian prices.

TMX Chief Executive Officer, Godfrey Malekano (pictured) told the 'Daily News yesterday that despite lower prices, the Indian market remains a reliable export channel for Tanzanian farmers....