Chickpeas Maintain Quiet Tone

PANAMA - Aug 23/19 - SNS -- Chickpea markets maintained their quiet tone through the past week against relatively light export and domestic demand.

Given the current supply situation and residuals from the 2018-19 marketing year, many buyers believe time is on their side with some focused on covering nearly needs rather than medium or long term.

North American harvests are delayed, resulting in less time to move excess stocks into export markets before facing direct competition from exporters such as India.