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Chickpeas: Canada awaits crop results

September 23, 2024 at 12:34 PM , Der AUDITOR
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NEW DELHI/OTTAWA. Now that the harvest in Canada has been completed, the market is eagerly awaiting the crop volume and quality of this year's chickpeas. In India, prices have continued to rise; this could soon come to an end.

High prices, but weak demand

After several months of volatile chickpea prices in India, there seems to be no end to the price increases. Commodity prices in key growing states such as Maharashtra have fallen slightly, which has increased traders' buying interest and pushed up export prices further. Growers are willing to release their goods for sale as potential risks are low at the moment. Nevertheless, according to market experts, a certain degree of caution is required, as last month's buying frenzy, which was largely triggered by speculators, has not been reflec

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