Chickpeas: surge in EU imports

May 27, 2024 at 10:30 AM , Der AUDITOR
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NEW DELHI/BRUSSELS. EU chickpea imports surged in 2023, especially from Canada. Prices are still on the rise in India as farmers and traders are holding back.

Further price rises expected in India

With traders and farmers holding back prices started to rise at the start of the season. This situation persists. Quotations have risen by USD 20/mt in the last two weeks and supply squeezes are being reported in large markets such as in New Delhi. Buyers are only purchasing what they need at present as they are hoping for declines. Production of the popular Kabuli variety has risen on last year, which would normally weigh on the market. Trouble, however, is that warehouses were completely empty before the the new crop arrived a

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