Chickpeas: expected price increases in North America

May 2, 2022 at 4:18 PM , Der AUDITOR
Play report as audio

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.

Indian export prices decline

The continuing upward trend in farmgate prices for Indian chickpeas was interrupted last week and has not yet been able to recover this week; on the contrary, there were further price reductions of about USD 0.10/kg. However, market experts expect these declines to be short-lived, as there is already a gap between supply and demand and buying interest should therefore increase soon. To make matters worse, India is also importing significantly less raw materials this season due to high freight rates. The cheaper commodity prices

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.