Guntur Market are trading steady today at high prices.
Published on: Jul 19 2022, 12:32
At Guntur Market, Red Chilli NCDEX Quality started at INR 23,000-24,000 per quintal, unchanged as compared to previous day. Arrivals were reported at 50,000 Bags, down by 20,000 Bags from previous day.
Red Chilli LCA 334(S4) INR 23,000-26,000 per quintal, steady against previous day. Red Chilli Teja(S 17) opened at INR 21,000-24,000 per quintal, Red Chilli No.273 began at INR 26,000-27,000 per quintal, Red Chilli No.5 at INR 26,000-27,500 per quintal, Red Chilli Fatki started the day at INR 10,000-15,000 per quintal, Red Chilli Byadgi opened at INR 27,000-29,000 per quintal, Red Chilli US 341 started at INR 27,000-28,500 per quintal, Red Chilli Denvor Delux began at INR 26,000-28,000 per quintal, Red Chilli Indam 5 opened at INR 26,000-27,000 per quintal.
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.
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