Chickpeas: low arrivals drive up prices

July 24, 2023 at 12:37 PM , Der AUDITOR
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NEW DELHI/OTTAWA. Heavy rains and the current sowing season mean that only small quantities of chickpeas are reaching Indian markets; this is pushing up prices, especially as demand is high. In Canada, yields may be lower than hoped.

Further price increases in prospect

Indian chickpea prices have risen significantly compared to last week, as market players state that buying interest from the domestic as well as the international market has picked up noticeably. Heavy rains are currently ensuring that only small quantities reach the markets, which is further driving the price increases. Market experts also report that arrivals are generally much lower this year compared to previous years and are quite surprised at the early decline.

With good rains reported for Madhya Pradesh in the next

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