Australia’s current chickpea harvest is expected to produce less than 200,000 tonnes, down 100,000t on Pulse Australia’s most recent estimate from early August, and is meeting limited export demand at present.
July shipments of Australian chickpeas have continued at lacklustre levels, with Pakistan the only bulk market, according to the latest Australian Bureau of Statistics (ABS) export data.
Trade sources report India lifted its ban on certain classes of imported peas mid-week, then reimposed the ban yesterday, to add further uncertainty to the world’s biggest pulse market.
Australia exported 43,856 tonnes of chickpeas in May, down 37pc from the April figure of 69,103t, according to the latest data available from the Australian Bureau of Statistics
Pakistan has continued to be a volume buyer of Australian chickpeas, which this week hit a new high for the year of $670/t as importer concerns about dry weather in Australia mount.
The United States has questioned the data India has reported to the World Trade Organization about its market price support programs for wheat and rice.
Pulse exporter Agromin Australia has expanded its market share in South Asia through becoming a stakeholder in Victorian packing house, Peaco,
India has switched its import policy on yellow peas from “free” to “restricted”, effectively placing a temporary ban on fresh arrivals of peas typically sold by Canada to India.
Australia’s chickpea exports in February at 50,832 tonnes were down 13 per cent from a downwardly revised 58,190t in January, according to the latest export figures released by the Australian Bureau of Statistics.
India has shelved its plan to double its tariff on wheat to 40 per cent, a move that is likely to support Australian wheat prices.