Chickpeas: price declines in prospect

October 28, 2024 at 12:31 PM , Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. The decline in demand is not yet reflected in Indian export prices, but this could soon change. Canadian suppliers are also hoping for greater buying interest.

Traders want to sell stocks

The chickpea market is currently under strong pressure as both domestic consumption and export demand have fallen significantly. This is not yet reflected in export prices this week, but this could change very quickly. Traders who had stocked up on around 10,000 mt of chickpeas during the price increase in August are now facing stagnating demand and increased selling pressure. Added to this is the high production volume this year, which is likely to put additional downward pressure on prices. As a result, commodity prices have already fal

View related articles

Go to the News Overview
Pulses
Feb 10, 2025
NEW DELHI/OTTAWA. Even though the US tariffs on Canadian goods have been postponed, the prospect of them still hangs over the market like a Sword of Damocles and is unsettling exporters. In India, prices continued to decline.
Fruit and Vegetables
Feb 5, 2025
BEIJING. The Chinese New Year celebrations have slowed down the bean markets in recent weeks – now trade is slowly picking up again. The shortage of goods is still a problem, especially on the kidney bean markets.
Pulses
Feb 3, 2025
NEW DELHI/OTTAWA. Chickpea prices in India and Canada continue to decline and US tariffs are causing massive uncertainty. German imports have fallen drastically.
Pulses
Jan 27, 2025
NEW DELHI. While traders got the crop estimates for chickpeas wrong In India last year, the new season comes with a whole set of new challenges.