Pulses

Chickpeas: effective strategy of farmers

June 20, 2022 at 12:44 PM , Der AUDITOR
Play report as audio

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

View related articles

Go to the News Overview
Pulses
Dec 4, 2023
NEW DELHI/OTTAWA. Indian farmers have decided to expand their sowing despite heavy rainfall due to the significant price increase in recent weeks. The acreage in Canada could also be larger in 2024.
Pulses
Nov 27, 2023
NEW DELHI/OTTAWA. Prices on the Indian chickpea market are continuing their upward trend, and due to the shortage of goods, there is no end in sight for the time being. In Canada, market players are expecting a larger acreage for the new season.
Pulses
Nov 20, 2023
NEW DELHI/BRUSSELS. Rabi sowing is in full swing for chickpeas in India. As demand is high and prices are attractive this may prompt an uprise. EU chickpea imports have surged to a record high.
Pulses
Nov 13, 2023
NEW DELHI/OTTAWA. In India, there were significant price increases over the course of the season, mainly due to the shortage of available goods. The crop was also small in Canada, but buyers are still holding back for the time being.