Chickpeas: wedding season boosts demand

December 5, 2022 at 11:24 AM, Der AUDITOR
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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

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