Pulses

Chickpeas: temporary price reductions

April 25, 2022 12:55 PM, Der AUDITOR
Play report as audio

NEW DELHI. Export prices for Indian chickpeas have declined, but market players are sure that this will be short-lived. Commodity prices are also expected to rise soon.

Rumours caused confusion

After the upward trend of the last few weeks, the Indian chickpea market has now seen price reductions, but these are likely to be short-lived. During the ploughing phase in the fields, confusing rumours had been doing the rounds in the market, talking about a high yield and a large sowing area. Small traders in particular had released their stocks for sale as a result. However, market players report that the reality is quite different and the area under cultivation will be relatively small. This will inevitably result in a smaller crop

View related articles

Go to the News Overview
Pulses
May 23, 2022
NEW DELHI. India’s chickpea market is on edge at the moment. Traders are concerned over a liquidity crisis and the public is voicing fears of a recession. Analysts are, however, urging suppliers to keep it cool.
Pulses
May 16, 2022
NEW DELHI/OTTAWA. Not only in Canada, but also in the USA and Argentina, smaller chickpea acreages are expected this season. This is likely to increase interest in Indian goods, also because availability in the Black Sea region is declining significantly.
Pulses
May 9, 2022
NEW DELHI/OTTAWA. The high prices at the beginning of April have prompted many Indian producers to release their goods for sale. As a result, large quantities are now available, which in turn has led to price reductions. In North America, however, prices are more stable.
Fruit and Vegetables
May 3, 2022
BEIJING. Demand on the Chinese dried bean market is slowly recovering, but the price development is strongly dependent on the quality of the goods. Meanwhile, the difficult transport situation seems to be easing further.