Mumbai (Commodities control) - Red chilli prices were quoted steady-to-weak in apex spice mandis of Guntur and Warangal on Wednesday, as the market reopened after the Republic Day holiday on Tuesday.
Whilst all the red chilli varieties were quoted unchanged in Guntur amid arrivals of 80,000 bags.
Most of the red chilli varieties fell in Warangal. Teja, 334 and 341 gave up Rs 2-7 per Kg on Wednesday and 1048, Tomato varieties were quoted steady amid arrivals of 13,000 bags vs 11,000 bags in the last session.
The market is feeling the weight of the supply pressure of the new crop, ample carry forward stocks due to low consumption and expectations of a bigger crop in the current season are also seen pushing prices down in the near future.
India's chilli production in the current season 2020-21 (Jul-Jun) is seen at 1.7 mln tn, 10-15% higher than the previous year, according to trade estimates.
| Commodity |
Market |
Variety |
Price |
Price |
Prev_Price |
Prev_Price |
Change(Max Today-Prev Max) |
Arrival |
| Chilli |
Guntur |
334/S10/ |
105 |
125 |
|
|
0 |
80000 |
| Chilli |
Guntur |
TEJA |
130 |
155 |
|
|
0 |
|
| Chilli |
Guntur |
SINGENTA |
150 |
175 |
|
|
0 |
|
| Chilli |
Guntur |
273 |
|
|
|
|
0 |
|
| Chilli |
Guntur |
No 5 |
120 |
155 |
|
|
0 |
|
| Chilli |
Guntur |
341 |
150 |
175 |
|
|
0 |
|
| Chilli |
Guntur |
4884 |
110 |
135 |
|
|
0 |
|
| Chilli |
Guntur |
DD |
140 |
175 |
|
|
0 |
|
| Chilli |
Warangal |
334 |
120 |
125 |
120 |
128 |
-3 |
13000 |
| Chilli |
Warangal |
TEJA |
140 |
154 |
140 |
156 |
-2 |
|
| Chilli |
Warangal |
1048 |
140 |
150 |
140 |
150 |
0 |
|
| Chilli |
Warangal |
341 |
155 |
175 |
160 |
182 |
-7 |
|
| Chilli |
Warangal |
TOMATO |
|
|
|
|
0 |
|
| Chilli |
Warangal |
W.HOT |
195 |
208 |
185 |
205 |
3 |
|
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