Pulses

Chickpeas: wedding season boosts demand

December 5, 2022 at 11:24 AM, Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. High demand in the wake of the Indian wedding season is meeting with very tight supplies, causing prices to increase. Meanwhile, the market in Canada remains quiet.

Higher prices due to strong demand

The situation in the Indian chickpea market remains tight; supplies are low among both growers and traders, and due to high prices in international markets, exporters are holding back their goods to further increase prices. They hope to make good profits, especially on the high quality chickpeas. Since stocks are so low, even the prospect of a larger sowing is not able to push prices down and the shortage will remain until the new crop arrives in about three and a half months. With the start of the Indian wedding season, demand ha

View related articles

Go to the News Overview
Pulses
Feb 6, 2023
NEW DELHI. Chickpea stocks in India are rapidly coming to an end and the new crop is still at least three weeks away. This also has a major impact on international trade.
Fruit and Vegetables
Feb 1, 2023
BEIJING. After the good sales in the course of the Chinese New Year, traders in the bean markets are now forced to replenish the stocks in their warehouses. This should support prices in most cases.
Pulses
Jan 30, 2023
NEW DELHI. After traders had already wondered about the low prices at the beginning of the year, there were further declines in the course of last week. Indian experts, however, estimate that the preliminary low point may have been reached.
Pulses
Jan 23, 2023
NEW DELHI. Traders are puzzled by the turn the prices for chickpeas have taken in India this year so far.