Indian Buyers Default on Chickpea Cargoes Amidst Falling Prices

In a surprising turn of events in the agricultural market, Indian buyers are facing significant challenges as they default on several chickpea cargoes. This issue arises as global prices for chickpeas have plummeted, leading to a ripple effect in the supply chain. The decline in prices has prompted many importers in India to abandon their contracts, fearing financial losses in a market that has turned unexpectedly unfavorable.

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