Its party time for the traders and Farmers of kabuli chickpeas, as its prices had break all past records and made all time high price of Rs. 166000/- pmt for 44-46 count quality.
Considering the following on going conditions, future of kabuli chickpeas looks even more bright.
1. Hot weather making hard for sowing.
2. Low stock position with traders and farmers.
3. Good demands in sowing.
4. Demands in ongoing festive season in India.
5. Upcoming wedding season demand after diwali.
6. Continues export demand.
All above these aspects can boost up the prices of Kabuli chickpeas upto 180000/- to 190000/- pmt.
But then too, we as a trader can just make calculation and predict for near future. At last all it depends on demand and supply.
All Time High Prices In Kabuli Chickpeas