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Red Chillies News - Good Domestic and Export Demand Supported the Red Chilli prices
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Good Domestic and Export Demand Supported the Red Chilli prices

Good domestic and export demand supported the Red Chilli prices today. Fresh export demand is continuing from Bangladesh, Indonesia and Malaysia at Guntur market supporting the prices. Red Chilli 334(S4)more demand coming from Bangladesh and masala millers from South India. AgriWatch expects Red Chilli prices likely to go up further due to lower availability of good quality stocks.  
 
At Guntur market , Red Chilli NCDEX Quality started firm at Rs. 23,000-24,000 per quintal, up by 14.29 per cent from previous trading day. Arrivals were reported at 70,000 Bags, up by 40,000 Bags from previous day's arrivals. Red Chilli LCA 334(S4) opened firm at Rs. 23,000-26,000 per quintal, higher by 8.33 per cent as against previous day.
 
Red Chilli Teja(S 17) at Guntur market began firm at Rs. 21,000-24,000 per quintal, up by 11.63 per cent as against previous day. Red Chilli No.273 at Guntur market started the day strong at Rs. 26,000-27,000 per quintal, up by 14.89 per cent as compared to previous day.
 
Red Chilli No.5 at Guntur market started the day strong at Rs. 26,000-27,500 per quintal, up by 12.24 per cent from previous trading day. Red Chilli Fatki at Guntur market started the day firm at Rs. 10,000-15,000 per quintal, up by 25 per cent as compared to previous day.
 
At Guntur market , Red Chilli Byadgi started the day strong at Rs. 27,000-29,000 per quintal, up by 11.54 per cent as against previous day. Red Chilli US 341 began firm at Rs. 27000-28500 per quintal, higher by 1.79 per cent from previous price level.
 
Red Chilli Denvor Delux at Guntur market started the day strong at Rs. 26,000-28,000 per quintal, up by 5.66 per cent as compared to previous day. Red Chilli Indam 5 at Guntur market started the day firm at Rs. 26,000-27,000 per quintal, higher by 10.2 per cent from previous trading day.