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
Fruit and Vegetables
May 24, 2023
OTTAWA/NEW DELHI. If the current production estimates for 2023 come true, the global lentil crop would record the second highest yield in history. A tender from India has caused surprise in the market.
May 22, 2023
NEW DELHI/OTTAWA. Traders in both the Indian and Canadian markets report increased buying interest. One problem, however, is the scarce availability. Meanwhile, sowing has started in Canada.
May 15, 2023
NEW DELHI/OTTAWA. In Canada, chickpea stocks are currently the lowest since 2018 - some relief could come from an increase in acreage. India is also experiencing some shortages.
May 8, 2023
NEW DELHI/BRUSSELS. Indian market players are delighted with China's great buying interest, which includes chickpeas as well as other pulses. Meanwhile, EU imports have increased only slightly in terms of volume, while the development of the import value is remarkable.