Chickpeas: complex market situation

April 9, 2024 at 8:58 AM , Der AUDITOR
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NEW DELHI. The prospect of a large crop and the willingness of sellers to get their goods to buyers is pushing down prices on the Indian chickpea market. Market players must remain flexible at all times.

Has the price low been reached?

Following last year's high chickpea prices, many farmers have increased their acreage and market players are expecting a large crop. High arrivals from the cultivation areas in Maharashtra, Gujarat, Andhra Pradesh and Karnataka are currently pushing down commodity prices on the Indian markets, and export prices have also fallen again. The old stocks have now largely been used up and the new crop is increasingly orientated towards world market prices. Cautious estimates by market experts currently suggest that prices may have reached t

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