Chickpeas: effective strategy of farmers

June 20, 2022 12:44 PM, Der AUDITOR
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NEW DELHI. Indian growers are pursuing a strategic plan to drive the permanently declining prices for chickpeas back up - and their plan might actually work. Meanwhile, the government continues to buy large quantities.

Artificial shortage

The price decline, which has continued steadily after the increase in April, is still continuing - export prices have fallen again by USD 15/mt compared to last week. In the meantime, Indian farmers are trying to create price increases through artificial shortages on the local spot markets - a plan that could well work. Market players report that the price on the mandis in Maharashtra has risen from USD 0.91 to USD 0.95/kg within a few hours.

Chickpeas, In

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