Pulses

Chickpeas: early sowing in Maharashtra

September 19, 2022 at 10:58 AM, Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. Government intervention in the Indian market has caused temporary irritation. Meanwhile, lower yields are expected in Canada and Mexico, which should support prices.

Government makes favourable prices

After stalling in recent weeks, chickpea prices are now showing a slight upward trend again. The recent announcement by the Indian government to sell 1.5 million mt of chickpeas from its own stocks for certain projects at a concessional price has temporarily paralysed trade. Traders had expected the government to intervene in the market only when prices reached the minimum support price, which is not the case. In addition, public holidays currently taking place in India are generally causing lower demand. In order to be able to kee

View related articles

Go to the News Overview
Pulses
Jan 30, 2023
NEW DELHI. After traders had already wondered about the low prices at the beginning of the year, there were further declines in the course of last week. Indian experts, however, estimate that the preliminary low point may have been reached.
Pulses
Jan 23, 2023
NEW DELHI. Traders are puzzled by the turn the prices for chickpeas have taken in India this year so far.
Pulses
Jan 10, 2023
NEW DELHI. While chickpea sowing is underway in India, supplies remain tight. Prices have, however, taken a rather surprising turn.
Pulses
Dec 19, 2022
NEW DELHI/OTTAWA. While supply shortages are dominating the trade in India, the hoped-for increase in demand has finally taken place in Canada.