Kabuli chana price stable in Canada with limited trading

24-Jan-2025 12:41 PM

It seems like the Kabuli chana market in western Canada, particularly in Saskatchewan, is relatively stable at the moment with limited trading activity.

The steady prices reflect sufficient stock availability, as well as a slowdown in foreign demand. The price stability is also due to the focus on larger grain sizes (9mm or more), which buyers are prioritizing.

Smaller Kabuli chana prices have seen some minor trades but are staying around the 34-35 cents per pound mark.

The expected sowing in April-May and the arrival of new crops in August-September is adding a layer of anticipation to the market, with early contracts already being made for new produce at prices between 35-37 cents per pound.

It seems like there's some cautious optimism for both buyers and sellers, with the opportunity for a good deal now, but also potential uncertainty around the new crops coming in later this year.

How do you feel about this situation in the Kabuli chana market? Are you seeing any specific impacts in your area or sector?