Lower production in 2022 in India
After Indian chickpeas reached their price peak of over USD 1.40/kg a few weeks ago, a temporary downward trend followed. Last week, however, there was a new glimmer of hope for traders, as export prices climbed by USD 10/mt. According to market players, this is due to various factors. Particular attention is being paid to this year's production, which according to current estimates could be up to 42% lower than last year and is estimated at around 1.5 million mt.
Exchange rate fluctuations currently make it difficult,