Possible reduction of chickpea tariff in India

Chickpea tariffs in India are still in place, but as it happened recently to lentils, tariff might be reduced too.

With concerns about domestic production and lentils part of a national food supply program implemented to help people survive through the COVID-19 crisis in India, the tariffs were wound back to allow more supplies into the country.

There has been a strong rally in Australian chickpea prices over recent weeks, with rumours that the chickpea tariff could be next to drop. Some traders are believed to be buying chickpeas at a premium based on the potential of the tariffs being lifted.

Chickpeas are around $610/t delivered Darling Downs after briefly reaching $650/t do to this premium over belief in a possible tariff reduction.