Chickpeas: high availability puts pressure on prices

May 9, 2022 at 12:53 PM , Der AUDITOR
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NEW DELHI/OTTAWA. The high prices at the beginning of April have prompted many Indian producers to release their goods for sale. As a result, large quantities are now available, which in turn has led to price reductions. In North America, however, prices are more stable.

Growers are hesitant

Indian chickpeas continue their downward trend this week. After prices had risen abruptly at the beginning of April, many farmers had seized the opportunity and released large quantities of their goods for sale. However, the high availability on the spot markets has meant that prices have now been falling for several weeks. In the meantime, growers are undecided how to proceed. Most of them are holding back their remaining goods for the time being, hoping that the shortage will lead to new price increases. According to market play

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