Pulses

Chickpeas: supplies retained

August 22, 2022 at 10:43 AM , Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. The National Agricultural Cooperative Marketing Federation of India (NAFED) is still holding large chickpea volumes with the government far from keen on releasing stocks. Yet, this situation is about to change. Farmers are getting ready to harvest in Canada.

Further price rises to prompt turnaorund

Prices continue to rise in India with the NAFED still holding nearly 3,2 million mt, of which 2.5 million mt are fresh chickpeas. Since domestic rates range below the minimum support price the government is expected to retain these supplies. This will, however, change if prices rise a further 10%, which should prompt the governemnt to release supplies to control inflation.

Tanzania is, in addition, offering highly competitive prices, which range around USD 200/mt lower than in India. This has prompted importers in Ind

View related articles

Go to the News Overview
Fruit and Vegetables
May 31, 2023
BEIJING. While sowing is almost complete in China, the dried bean market continues to be sluggish with little trading taking place. This also leaves prices largely stagnant.
Pulses
May 30, 2023
NEW DELHI. The National Agricultural Cooperative Marketing Federation of India (NAFED) has already purchased 2 million mt of chickpeas in the current season. Most of the goods comes from Madhya Pradesh. In Canada, meanwhile, sowing is in full swing.
Fruit and Vegetables
May 24, 2023
OTTAWA/NEW DELHI. If the current production estimates for 2023 come true, the global lentil crop would record the second highest yield in history. A tender from India has caused surprise in the market.
Pulses
May 22, 2023
NEW DELHI/OTTAWA. Traders in both the Indian and Canadian markets report increased buying interest. One problem, however, is the scarce availability. Meanwhile, sowing has started in Canada.