Chickpeas: low stocks keep prices stable

November 14, 2022 at 11:18 AM, Der AUDITOR
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NEW DELHI/OTTAWA. The Indian chickpea market saw further price increases as low supply meets relatively high demand. The situation is similar in Canada.

Larger acreage

Increasing demand and low stocks held by Indian traders have caused prices to rise in the chickpea market. New sowings begin in December, but the current shortage of commodity means buying interest remains relatively high nonetheless. According to reports, the area under cultivation in Maharashtra and other producing states is expected to grow by 10-15%.

One reason for the shortage is that the important growing countries Russia and Ukraine have been able to provide about 50,000 mt less goods on the world market due to the war initiated by Russ

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