Chickpeas: first arrivals of the new crop

February 20, 2023 at 10:28 AM , Der AUDITOR
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NEW DELHI. Gradually, the first arrivals of the 2023 crop are reaching the Indian markets, while the big inflow is expected in March. Despite good demand, this is putting pressure on prices.

Good domestic and export demand

Indian chickpea prices are continuing their downward trend from last week, after initially rising earlier. The reason for the current declines is mainly the sporadic arrival of the new crop in the markets, which is expected to increase massively in March. The prospect of a large crop in 2023 and the timely arrival of the commodity is putting enormous pressure on prices. However, Indian market players are also reporting very good domestic and export demand, which is also expected to continue for the time being.


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