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
May 13, 2024
NEW DELHI/OTTAWA. The prices of Indian chickpeas are currently stagnating and traders are trying to sell their old crop. In Canada, the market is remarkably calm.
Fruit and Vegetables
May 8, 2024
BEIJING. While prices for black kidney beans continue to fall due to weak demand, the situation is different for red kidney beans. Mung bean imports from Myanmar are declining.
May 6, 2024
NEW DELHI/OTTAWA. In order to drive up prices, Indian farmers and traders are currently holding back their stocks, thus creating an artificial shortage. Germany is importing significantly more chickpeas from Russia again.
Apr 29, 2024
NEW DELHI. Farmers cultivating chickpeas in India are incredibly lucky this season. Pulse imports have risen sharply indicating that the country is becoming increasingly dependent on imports.