Chickpeas: arrivals pick up

March 6, 2023 at 10:37 AM, Der AUDITOR
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NEW DELHI/OTTAWA. With arrivals picking up in India the market has come under pressure. Exports are up in Canada.

Rise in production in India

While the prices for chickpeas, 42-44 (12 mm), still ranged at USD 1,700/mt FOB India at the start of February, they have now slipped to USD 1,450/mt FOB. This trend is driven by the fact that new crop arrivals are picking up in the leading producing states Maharashtra, Madhya Pradesh and Karnataka. As the farmers stepped up sowing production should rise, which is adding pressure. Stocks are, however, running low, which is giving the market some support and should help to provide some temporary stability. Traders still prefer to wait unti

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