Chickpeas: political tensions cause concern for traders

October 2, 2023 at 2:50 PM , Der AUDITOR
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NEW DELHI/OTTAWA. After the Canadian government accused India of murdering a Sikh separatist in Canada, there is outrage in India and political tensions between the countries are on the rise. This could also have an impact on trade.

Prices in India continue to rise

Compared to last week, prices on the Indian chickpea market have risen by USD 20/mt, and given the ongoing shortage of commodities and rising international demand, market experts are quite certain that there will be further price increases. Over the last two months, the price of chickpeas had risen by an average of USD 0.32/kg. Low carry-over stocks and, above all, the fact that it will be about eight months until the new Indian crop is available are responsible for the current price situation. The eyes of market players are now incr

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