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Red Chili Prices Lose Heat in Guntur & Warangal amid Increasing Arrivals; Eyes on Festive Demand

8 Mar 2021 6:18 pm
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Mumbai (Commodities control) - Red chilli prices witnessed selling pressure as nearly all the varieties were quoted in red at Guntur and Warangal mandis on Monday amid firm arrivals.


Last week, the red spice scaled higher due to robust domestic demand ahead of festivals.


Prices of red chilli have shot up by over 15 per cent per quintal due to an increase in demand during this season. Due to unexpected and sudden rains during September and October, the chilli crop was damaged in the State. Farmers uprooted the damaged chilli gardens in 10% of the area. Cyclones also damaged the chilli gardens. As a result, the demand for quality red chilli increased.


However today, Guntur mandi witnessed arrivals of 100,000 bags as most of the red chilli varieties gave up Rs 1-5 per Kg barring 334 and Teja that are priced steady. Last week, Chilli prices gained nearly Rs 5-26/Kg for different varieties.


Meanwhile in Warangal, 334 red chilli variety gains Rs 5/Kg, while Tomato variety shed Rs 10/Kg. All the other varieties fell by Rs 1-2 per kg too amid increased arrivals of 70,000 bags vs 40,000 bags in the last session.


Last week, prices of chilli rose in Guntur, Andhra Pradesh, due to strong bulk demand from local and overseas buyers.Stockists have been aggressively buying because of low availability of premium quality in the market.


Meanwhile, worried about fresh lockdown rumours after a recent spike in Covid-19 numbers, thousands of panic-stricken farm labourers in Telangana have left for their hometowns, despite assurances of safety from farm bodies.


The trend of agriculture labourers’ flight is more visible in the tribal areas of Bhadradri district, and on both sides of Godavari, where lots of farmers sow the hybrid variety of red chilli crop, which has huge demand in the international market.


Commodity

Market

Variety

Price

Price

Prev_Price

Prev_Price

Change(Max Today-Prev Max)

Arrival

Chilli

Guntur

334/S10/

100

125

105

125

0

100000

Chilli

Guntur

TEJA

135

150

135

150

0

Chilli

Guntur

SINGENTA

130

149

130

150

-1

Chilli

Guntur

273

125

145

130

148

-3

Chilli

Guntur

No 5

120

145

120

145

0

Chilli

Guntur

341

125

155

138

160

-5

Chilli

Guntur

4884

110

135

120

140

-5

Chilli

Guntur

DD

135

153

130

155

-2

Chilli

Warangal

334

105

130

100

125

5

Chilli

Warangal

TEJA

115

145

115

146

-1

70000

Chilli

Warangal

1048

120

140

120

142

-2

Chilli

Warangal

341

120

151

120

153

-2

Chilli

Warangal

TOMATO

190

235

190

245

-10

Chilli

Warangal

W.HOT

145

160

145

161

-1



       
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