Chickpeas: low arrivals drive up prices

July 24, 2023 at 12:37 PM , Der AUDITOR
Play report as audio

NEW DELHI/OTTAWA. Heavy rains and the current sowing season mean that only small quantities of chickpeas are reaching Indian markets; this is pushing up prices, especially as demand is high. In Canada, yields may be lower than hoped.

Further price increases in prospect

Indian chickpea prices have risen significantly compared to last week, as market players state that buying interest from the domestic as well as the international market has picked up noticeably. Heavy rains are currently ensuring that only small quantities reach the markets, which is further driving the price increases. Market experts also report that arrivals are generally much lower this year compared to previous years and are quite surprised at the early decline.

With good rains reported for Madhya Pradesh in the next

View related articles

Go to the News Overview
Fruit and Vegetables
Oct 30, 2024
BEIJING. While black kidney beans are in high demand, the markets for red kidney beans and mung beans are in a different state. Farmers are also complaining about yield and quality losses due to persistent rainfall.
Pulses
Oct 28, 2024
NEW DELHI/OTTAWA. The decline in demand is not yet reflected in Indian export prices, but this could soon change. Canadian suppliers are also hoping for greater buying interest.
Pulses
Oct 21, 2024
NEW DELHI/OTTAWA. In order to prevent major price reductions in the chickpea market, Indian suppliers have restricted their sales. In Canada, the size of the chickpeas plays a decisive role.
Pulses
Oct 14, 2024
NEW DELHI/OTTAWA. Weak demand and lower consumption are putting pressure on stockists who have purchased large quantities of chickpeas after last year's record prices. While commodity prices are falling, export prices are holding steady for the time being.