Chickpeas: supply exceeds demand

June 10, 2024 at 4:07 PM , Der AUDITOR
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NEW DELHI/OTTAWA. Large production in India is currently meeting weak demand, so prices are receiving little support.

Very large production

Indian growers report that production of the popular kabuli chickpeas in Maharashtra, Karnataka, Andhra Pradesh and Madhya Pradesh has been exceptionally high this year. As buying interest is currently not very high and there is a significant shortage of buyers, prices are under severe pressure. They are far from reaching the peak prices that were achieved in previous years. In addition, traders are also offering their old stocks for sale in order to clear their warehouses. As there is no wedding season in India in the next two months, demand i

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