Chickpeas: arrivals pick up

March 6, 2023 at 10:37 AM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Sep 25, 2023
NEW DELHI/OTTAWA. Price increases in the Indian domestic market have prompted NAFED to release parts of its stocks for sale. Meanwhile, the market in Canada is stable.
Sep 12, 2023
BRUSSELS/NEW DELHI. As plant-based diets are highly popular and demand for protein crops is increasing global demand is on the rise for chickpeas. This certainly holds true for the EU, where imports have surged in 2023/2024.
Fruit and Vegetables
Sep 7, 2023
ANKARA. Turkish exports of pulses, oilseeds and cereals were more than 10% higher in the first seven months of the year compared to the same period last year. Nevertheless, there are still hurdles that market players are increasingly trying to overcome.
Fruit and Vegetables
Sep 6, 2023
BEIJING. Weak demand has caused prices for Chinese black kidney beans to decline significantly. The low buying interest is also still felt in the other bean markets.