Pulses

Chickpeas: effective strategy of farmers

June 20, 2022 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
Sep 26, 2022
NEW DELHI/OTTAWA. Due to the government's decision to sell their goods at lower prices for social projects, Indian traders' confidence has suffered greatly. Meanwhile, prices have risen slightly again.
Fruit and Vegetables
Sep 21, 2022
BEIJING. While the prices for red kidney beans have risen, the opposite is the case for black kidney and adzuki beans. Harvesting is in full swing in China and the new crop is arriving in the market.
Pulses
Sep 19, 2022
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.
Pulses
Sep 12, 2022
NEW DELHI/CANBERRA. Chickpea production in Australia could be more than 40% lower this season, according to experts. In India, interesting developments are currently taking place in the chickpea market.