Good Demand Lead to Increase in Red Chilli Prices in Byadgi Market

In most Red Chilli markets, over 70% of crops are stored in cold storage. This has led to a significant decrease in arrivals in the Byadgi market in Karnataka, which was reported at 32,000 bags, a decrease of 90,000 bags from the previous trading day.

However, due to lower arrivals and high demand, it is expected that prices will rebound.

As a result, the market demand for KDL Best and 2043 has caused their prices to increase by 4.76% and 5.56% respectively from the previous day, with prices ranging between INR 37,000-44,000 and INR 34,000-38,000.