Chickpeas: suppliers on edge over inflation

May 23, 2022 at 9:25 AM , Der AUDITOR
Play report as audio

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.

Unusual methods

Suppliers may have adopted a rather unusual move to turn the market in their favour but there is little need for panic. Fears are, in addition, circulating in India that the country may be hit by a recession as the global economic downturn is set to spill over to the country. While economists state that the USA, Europa and China may well be hit by recessions, chances are rather slim for this in India. In an interview with ET Online Sonal Varma, Chief Economist at the global research firm Nomura, for instance states that India will witness an

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.