Higher Arrivals Weigh on Chickpea Market, But Strong Demand Limits Fall

The chickpea market witnessed increased arrivals in mandis on Monday, putting some pressure on prices and leading to a decline of around ₹20 per quintal in several markets. According to fresh reports from Rajasthan, chickpea production in the state is expected to be higher this season. However, despite expectations of a larger crop, the market did not show signs of any major bearish sentiment, and prices in most mandis remained largely stable. In Delhi, Rajasthan’s best-quality chickpea was quoted at ₹5,555 per quintal, while Shekhawati-line chickpea traded at ₹5,580. Prices in Akola stood at ₹5,775, Nagpur at ₹5,675, Raipur Maharashtra-line at ₹5,800, and new Kantawala chickpea in Indore at ₹5,750 per quintal. Demand for premium-quality Kabuli chickpeas continued to remain firm. Kabuli chickpea of 42-44 count was quoted at ₹9,800 per quintal, while 58-60 count traded at ₹7,400. In imported varieties, Australian chickpea was quoted at ₹5,500 at Kandla Port and ₹5,475 at Mundra Port, whereas Tanzanian chickpea was reported around ₹5,200 per quintal. The international market also maintained a steady-to-firm tone. Australian bulk vessel shipments for May-June delivery were quoted at $545 per ton, while container shipments for April-May delivery were priced around $590 per ton. Tanzanian chickpea for May delivery to Mumbai was quoted at $555 per ton. At Rajkot yard, fresh arrivals of desi chickpea remained negligible. Gujarat-3 quality traded between ₹1,020 and ₹1,040 per 20 kg, while Super-3 quality was quoted at ₹1,040 to ₹1,060 per 20 kg. Kantawada quality prices ranged from ₹1,050 to ₹1,150 per 20 kg. Fresh arrivals of white chickpea also remained weak, with Beatki quality selling between ₹1,000 and ₹1,060, while V2 quality traded in the range of ₹1,140 to ₹1,220 per 20 kg. Premium-quality Kabuli chickpea continued to attract strong demand. Average-quality stock traded between ₹1,350 and ₹1,600 per 20 kg, while super-quality material was quoted between ₹1,650 and ₹1,740 per 20 kg. In Rajkot, mill-condition chickpea traded at ₹5,650 per quintal, while company buying was reported at ₹5,425 on an eight-day payment basis, and miller-stockist buying was recorded around ₹5,450 per quintal. According to Rajasthan government’s second advance estimate, chickpea production in the state is expected to rise nearly 17% to 24.52 lakh tons this season, compared to 21.01 lakh tons last year. The increase in acreage is now clearly reflecting in production figures, strengthening confidence regarding supply availability in the mandis. Overall, although the market is currently facing supply pressure, strong demand and limited selling are preventing any major downside in prices. According to Mandi Market Media, chickpea prices could move toward ₹6,000 per quintal during the peak consumption season.

Insert title here