Pulses

Chickpeas: import duty affects market activity

January 8, 2024 at 11:28 AM , Der AUDITOR
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NEW DELHI/OTTAWA. The Indian government has taken some decisions regarding import duty in the pulses market which has put the market players on alert. Meanwhile, sowings are said to have increased in both India and Canada.

Customs duty affects market dynamics

The situation on the Indian chickpea market has not improved since the turn of the year, according to local market players. The impact of the change in import duties for peas is particularly noticeable. Chickpeas are currently subject to an import duty of 60%, while the government has made imports of peas duty-free; the fact that they are now considering taking similar measures for chickpeas has put Indian traders on alert. A reduction or complete removal of the existing tariffs could significantly increase pressure on the pulses

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