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Red Chilli Prices Unch in Guntur, Weak in Warangal amid Increased Arrivals, Weak Demand

27 Jan 2021 5:11 pm
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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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