Pulse focus to switch to Indian crop

THE LONGEVITY of a rally in chickpea prices, primarily driven by a surge in demand from Pakistan, now hinges on the prospects of the Indian crop.

Chickpea prices have pushed up $100 a tonne in the past month to sit at around $650/t delivered upcountry along most of the east coast.

It was a welcome return of confidence to the sector, which saw prices dive to as low as $500/t in some instances and general pricing of $550/t on the back of the news of the Indian import tariff of 30 per cent.
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