Chickpeas: no price drops for now

November 28, 2022 at 10:32 AM , Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. Low supplies and the prospect of increased demand at Christmas time are causing prices to climb in the Indian chickpea market. Canadian traders are also keeping a close eye on the situation in India.

Tight supplies

The situation in the Indian chickpea market is slowly but surely getting worse. Usually, processors and traders could expect to see significant price increases in the wake of the Diwali festival, but the large quantity of commodities released by the National Agricultural Cooperative Marketing Federation of India (NAFED) at favourable prices has thrown a spanner in the plan this year. In addition, production was lower last season and supply is tight on the international market. For this reason, prices have risen slightly again.

Higher d

View related articles

Go to the News Overview
Dec 4, 2023
NEW DELHI/OTTAWA. Indian farmers have decided to expand their sowing despite heavy rainfall due to the significant price increase in recent weeks. The acreage in Canada could also be larger in 2024.
Nov 27, 2023
NEW DELHI/OTTAWA. Prices on the Indian chickpea market are continuing their upward trend, and due to the shortage of goods, there is no end in sight for the time being. In Canada, market players are expecting a larger acreage for the new season.
Nov 20, 2023
NEW DELHI/BRUSSELS. Rabi sowing is in full swing for chickpeas in India. As demand is high and prices are attractive this may prompt an uprise. EU chickpea imports have surged to a record high.
Nov 13, 2023
NEW DELHI/OTTAWA. In India, there were significant price increases over the course of the season, mainly due to the shortage of available goods. The crop was also small in Canada, but buyers are still holding back for the time being.