Chickpeas: price rally stopped for now

August 29, 2022 at 11:46 AM, Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. Prices of Indian chickpeas were on an upward trend for months - now there have been slight declines, which are, however, not likely to last. In Canada, crop prospects remain uncertain.

Low imports expected

After chickpea prices had risen steadily over the past few months, resulting in a growth of almost 12% since the beginning of the year, they have now fallen slightly compared to last week. However, market experts expect this to be a temporary phenomenon and the upward trend to continue soon. Domestic demand on the Delhi spot market continues to be stable, with very good quality chickpeas in particular in demand. Producers are also reporting lower production of green chickpeas, so buying interest is likely to increase rapidly here as well. In add

View related articles

Go to the News Overview
Feb 6, 2023
NEW DELHI. Chickpea stocks in India are rapidly coming to an end and the new crop is still at least three weeks away. This also has a major impact on international trade.
Fruit and Vegetables
Feb 1, 2023
BEIJING. After the good sales in the course of the Chinese New Year, traders in the bean markets are now forced to replenish the stocks in their warehouses. This should support prices in most cases.
Jan 30, 2023
NEW DELHI. After traders had already wondered about the low prices at the beginning of the year, there were further declines in the course of last week. Indian experts, however, estimate that the preliminary low point may have been reached.
Jan 23, 2023
NEW DELHI. Traders are puzzled by the turn the prices for chickpeas have taken in India this year so far.