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
May 13, 2024
NEW DELHI/OTTAWA. The prices of Indian chickpeas are currently stagnating and traders are trying to sell their old crop. In Canada, the market is remarkably calm.
Fruit and Vegetables
May 8, 2024
BEIJING. While prices for black kidney beans continue to fall due to weak demand, the situation is different for red kidney beans. Mung bean imports from Myanmar are declining.
May 6, 2024
NEW DELHI/OTTAWA. In order to drive up prices, Indian farmers and traders are currently holding back their stocks, thus creating an artificial shortage. Germany is importing significantly more chickpeas from Russia again.
Apr 29, 2024
NEW DELHI. Farmers cultivating chickpeas in India are incredibly lucky this season. Pulse imports have risen sharply indicating that the country is becoming increasingly dependent on imports.