Chickpeas: inflation drives up prices

August 28, 2023 at 3:01 PM , Der AUDITOR
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NEW DELHI/OTTAWA. Price hikes in the Indian chickpea market continue; global inflation and commodity shortages are exerting decent pressure here. In Canada, market players prefer to wait and see for the time being.

Government has large stocks

Global inflation is also making itself felt in the Indian chickpea market, and the price increases of the last few weeks are continuing. The concern is still limited because, although the available commodity on the open market is nearing its end, government departments still have considerable quantities that will have an impact on prices as soon as they are released for sale. There is no official information from the government, but market players estimate the stocks at at least 3.5 million mt.

Prices continue to rise

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