Traders say 200,000 tonne new Australian chana to reach India Oct-Dec.

Traders bought Australia chana at $840-$880/tonne for Oct-Dec. About 200,000 tonne of new Australian chana is likely to reach India during Oct-Dec. The Australian chickpea crop is likely to be harvested early this year, and some of that crop has been already tied up for export. About 50,000 tonne Australian chana is likely to reach India in October, another 90,000 tonne in November, and 50,000-70,000 tonne in December. Australian chana prices are likely to fall further in the coming months once rabi sowing in India starts.