Chickpeas: traders' hands are tied

October 10, 2022 at 11:32 AM , Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. The Indian government's sales have shaken up the market and put traders under pressure. Meanwhile, in Canada, the harvest is coming to an end and farmers are sounding out their goods.

Prices have declined

After following a slight upward trend in the past weeks, Indian chickpeas have now seen price declines compared to last week. Traders' hands are tied by the government's sales policy and some are already struggling to make a living. The government had sold 1.5 million mt of chickpeas for charitable projects at very low prices, which had upset transactions in the open market and made it difficult for private players to sell their goods.

Tanzania gets in on the act

In addition, the new crop from Tanzania is now pla

View related articles

Go to the News Overview
Jul 22, 2024
NEW DELHI/OTTAWA. The storage restrictions for kabuli chickpeas had caused heated discussions in India – now the government has relented. In Canada, the focus is currently on the quality of the new crop.
Jul 15, 2024
NEW DELHI. Favourable international prices are putting pressure on the Indian chickpea market and traders are not optimistic about possible price increases. The humidity during the monsoon season could lead to additional problems.
Fruit and Vegetables
Jul 10, 2024
BEIJING. With prices being attractive for sellers, acreages of both black and red kidney beans in China are expected to increase this year. Mung bean sales have improved, while adzuki bean traders are pinning their hopes on the Lunar Festival.
Jul 8, 2024
NEW DELHI/OTTAWA. There is still no concrete information on the area under chickpeas in Canada in 2024, although it is estimated to be larger than last year. In India, traders are calling for storage limits to be lifted.