Chickpeas Maintain Quiet Tone
PANAMA - Aug 23/19 - SNS -- Chickpea markets maintained their quiet tone through the past week against relatively light export and domestic demand.
Given the current supply situation and residuals from the 2018-19 marketing year, many buyers believe time is on their side with some focused on covering nearly needs rather than medium or long term.
North American harvests are delayed, resulting in less time to move excess stocks into export markets before facing direct competition from exporters such as India.
Bean Markets Show Firmness
PANAMA - Aug 23/19 - SNS -- Dey edible bean markets finished the week's trading on a firmer note against expectations import demand from Mexico will remain relatively strong in the coming season.
This was reflected in inter-dealer markets in the United States, with the result its spot index for dry edible beans rose 2.7 points on the week to close at 118.9.
The Canadian pulse price index lost 1.9 points to close the week at 120.4, while the world pulse price index fell 1.6 points on the week to close at 134.1.
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