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WEEKLY Red Chilli: Prices Likely To Remain Firm On Export Demand

15 Jul 2019 9:29 am
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MUMBAI (Commoditiescontrol) - The price of 334 and Teja varieties have gone up by 1.4% and 2.3% respectively. Price of chilli is unlikely to come down considering good export demand and consumption levels on account of upcoming festival season.

Similarly, of the total stock of around 38 lakh bags in Guntur, the availability of premium export grade varieties is very limited. In coming days, price of Teja could see a jump by INR 150-200 per quintal. The price of Teja delux variety touched INR 132 per kg levels on the higher side.

Area in Hectares

State

2019

2018

As on 03rd July 2019

As on 26th June 2019

As on 03rd July 2019

As on 26th June 2019

Actual

Normal

Actual

Normal

Actual

Normal

Actual

Normal

Telangana

259

1238

195

642

420

1238

288

642

Andhra Pradesh

196

120

10

54

136

120

78

54

Total

455

1358

205

696

556

1358

366

696

Source: AP/TelanganaAgri-Dept

Rainfall status


During fourth week of June and first week of July 2019, rainfall in major chilli growing regions reported well. For the two weeks, it remained above normal level rainfall which is likely to benefit the soil moisture levels.

Location

27 June – 03 July

20 – 26 June

Actual (in mm)

Normal (in mm)

Actual (in mm)

Normal (in mm)

Guntur

7.3

24.6

58

22.5

Warangal

49.1

49.2

55.6

36.8

Prakasam

10.7

16.6

43.8

16.9

Mahabubabad

15.1

36.5

54.6

41.3

Khammam

5.6

38.1

6.9

34.6

Bellary

15.5

13.7

12.4

15.5

Source: IMD


(By Commoditiescontrol Bureau)


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