STAT Communications Ag Market News

Strong Movement Reduces Desi Stocks

PANAMA - Sep 10/16 - SNS -- International chickpea markets maintained their firm tone through the past week.

Market performance is being helped by limited supplies of large caliber product and strong, short term demand for small caliber kabuli and desi type chickpeas.

Demand is clearly reflected in Australian export data, with shipments through the end of July exceeding available supplies by a increasingly wide margin. Markets are waiting for old crop sales to finish to better gauge last year's actual production levels.

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