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.