STAT Communications Ag Market News

Chickpeas Softer Still

PANAMA - Feb 16/18 - SNS -- International chickpea markets maintained their weaker undertone during the past week as offers from new crop sellers remain just ahead of buying interest.

Many buyers expect further price erosion, resulting in more patient attitudes toward covering outstanding needs through the first quarter of 2019.

Supply and demand fundamentals for kabuli type chickpeas have been bullish for the past couple of years. But the numbers can disguise the depth of the problem.

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