Chickpeas: hardly any goods left

December 12, 2022 at 10:52 AM, Der AUDITOR
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NEW DELHI/OTTAWA. Demand currently exceeds supply in India, and no relief is expected here until the arrival of the new crop in March/April next year. In Canada, the crop has been significantly higher than last year, but trade is rather sluggish.

Good profits for traders

Chickpea prices fell slightly by an average of USD 5/mt over the week, but market experts agree that there will probably be no further price reductions for the time being. Demand is high worldwide due to the wedding season in India and the upcoming Christmas holidays, and stocks of Kabuli chickpeas are now negligible. Some traders are holding back their supplies as they expect timely price increases and can make good profits. Sowing is expected to be higher this year, but as the crop will not reach markets until March/April at the earliest,

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Feb 6, 2023
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.
Fruit and Vegetables
Feb 1, 2023
BEIJING. After the good sales in the course of the Chinese New Year, traders in the bean markets are now forced to replenish the stocks in their warehouses. This should support prices in most cases.
Jan 30, 2023
NEW DELHI. After traders had already wondered about the low prices at the beginning of the year, there were further declines in the course of last week. Indian experts, however, estimate that the preliminary low point may have been reached.
Jan 23, 2023
NEW DELHI. Traders are puzzled by the turn the prices for chickpeas have taken in India this year so far.