India has renewed its buying of chickpeas, leading to an upward movement in international prices. The renewed purchasing activity from India has increased Australia export offers to Bangladesh by around USD 10 per ton, with November/December shipment now being quoted at USD 500 per ton, compared to the earlier USD 490 per ton. Similarly, offers for India’ have firmed up slightly, rising from USD 490 to USD 495 per ton, while in Pakistan, offers have moved up from USD 490 to USD 500 per ton for the same shipment period.
Despite the global upward trend, Pakistan’s domestic chickpea market did not mirror this strength. Instead, local prices fell from PKR 172 per kg to PKR 168 per kg, reflecting weak domestic demand and limited trading activity. Traders report that previous container offers at USD 450–455 per ton have now disappeared, with no fresh offers being made at those lower levels.
On the Australian side, chickpea harvesting is currently underway, though conditions remain mixed. Weather forecasts indicate rainfall expected around 27 October, which could temporarily disrupt harvesting operations and potentially delay the arrival of new-season supplies. Any significant weather interruption at this stage may add further upward pressure on prices, especially if harvest progress slows in key producing regions such as Queensland and New South Wales.
