Chickpeas: all eyes on the new crop

February 6, 2023 at 10:46 AM , Der AUDITOR
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NEW DELHI. Chickpea stocks in India are rapidly coming to an end and the new crop is still at least three weeks away. This also has a major impact on international trade.

Focus is on India

As Indian traders had already correctly suspected last week, the price declines on the chickpea market have come to an end for the time being. The main reason they give for this is that stocks, especially in Madhya Pradesh, are now vanishingly low and the new crop will not arrive until late February to early March at the earliest. This not only leads to domestic shortages, but also on the world market the situation is not optimal. Prices in other growing countries such as Australia are relatively high and shipments from Ukraine are difficult d

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