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
Pulses
Nov 25, 2024
NEW DELHI/OTTAWA. With the US set to harvest a large chickpea crop, there is less demand for imports from Canada. Exporters there will therefore have to expand their customer base. Prices continue to decline in India.
Pulses
Nov 18, 2024
NEW DELHI/OTTAWA. As expected, prices on the Indian chickpea market are on a downward spiral, mainly due to high stocks. In Canada, the situation is slightly better for sellers.
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.