Chickpeas: prices decline despite supply shortage

February 12, 2024 at 12:04 PM , Der AUDITOR
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NEW DELHI/OTTAWA. Although the supply shortage on the Indian market continues, commodity prices decline; despite the wedding season, demand is not able to stabilise them in the long term. In Canada, however, there is uncertainty regarding stocks.

Traders want to sell goods quickly

The shortage on the Indian chickpea market is continuing, and suppliers are currently pursuing a strategy of selling their existing stocks as soon as there is demand, as new supplies have already been announced. It is noticeable that despite the shortage of goods, commodity prices on the domestic market are continuing to fall, while export prices are remaining at last week's level for the time being. Overall, market players are talking about a significant drop in demand, with traders from Maharashtra in particular trying harder to

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