Pulses

Chickpeas: traders hope for demand to increase

September 5, 2022 at 10:58 AM , Der AUDITOR
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NEW DELHI. The Indian organisation NAFED still owns most of the available commodities, but does not release them for sale due to low market prices. The arrival of the Tanzanian crop is likely to put additional pressure on sales.

Crop from Tanzania arrives

Demand on the Indian chickpea market has weakened considerably in recent weeks, which is also reflected in the decline in export prices. However, traders believe this is likely to be short-lived as upcoming holidays should boost buying interest again. Arrivals continue to be good, with reports of around 1,000 to 1,200 bags reaching the major spot markets in Gujarat daily. Most of the remaining available commodity is held by large stockists and the government - the National Agricultural Cooperative Marketing Federation of India Ltd (NA

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