Pulses

NEW DELHI. The Indian government is currently buying large quantities of chickpeas to the relief of farmers, with the minimum support price even being almost a fifth above current spot market prices. Overall, inflation is giving market players a hard time.

BEIJING. For both red kidney beans and mung beans, Chinese market players expect smaller acreages this year. This is already having an impact on prices.

NEW DELHI. As inflation has hit an eight-year high in India and the government is hiking interest rates this has impacting trading activities for chickpeas. Rumour also has it that a massive policy change for agricultural imports is in the making. This high degree of uncertainty is giving rise to scepticism and speculations.

NEW DELHI. India’s chickpea market is on edge at the moment. Traders are concerned over a liquidity crisis and the public is voicing fears of a recession. Analysts are, however, urging suppliers to keep it cool.

NEW DELHI/OTTAWA. Not only in Canada, but also in the USA and Argentina, smaller chickpea acreages are expected this season. This is likely to increase interest in Indian goods, also because availability in the Black Sea region is declining significantly.

NEW DELHI/OTTAWA. The high prices at the beginning of April have prompted many Indian producers to release their goods for sale. As a result, large quantities are now available, which in turn has led to price reductions. In North America, however, prices are more stable.

BEIJING. Demand on the Chinese dried bean market is slowly recovering, but the price development is strongly dependent on the quality of the goods. Meanwhile, the difficult transport situation seems to be easing further.

NEW DELHI/OTTAWA. The upward trend for Indian commodity prices has been halted for the time being, which also affects export prices. Meanwhile, price increases are expected in Canada and Mexico, not least because Russia's exports are likely to decline significantly.

NEW DELHI. Export prices for Indian chickpeas have declined, but market players are sure that this will be short-lived. Commodity prices are also expected to rise soon.

NEW DELHI. The prospect of a low crop due severe damage in Maharashtra, as well as a decline in imports from Sudan, means that less goods than hoped for are available this season. This is pushing prices steadily higher.

NEW DELHI. Prices for Indian chickpeas continue to increase thanks to good demand and the prospect of a relatively small crop. The situation is similar to last year.

BEIJING. Transportation coupled with staff shortages are an issue in China and measures to curb the spread of Covid-19 have excacerbated the problem. This has also impacted trading with kidney, mung and adzuki beans.

NEW DELHI. Producers report that India's chickpea crop will be much smaller than last year. Adverse weather conditions have impacted yields. High prices are also putting off buyers at present.

BEIJING. Chinese market players report that the trade of dried beans is rather sluggish on both the domestic and export markets. In addition, there are disagreements on prices.

BEIJING. Chinese market players report sluggish sales and little movement on the markets; the focus is already on the period after the Chinese New Year, which is celebrated from 1 February.