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Red Chillies News - Red Chilli Stock Position
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Red Chilli Stock Position

Red Chilli cold storage stocks reported lower at Guntur spot market in the current season. As per trade sources, as of now Guntur cold storage stocks are around 45 to 48 lakh bags (1 bag = 40 Kgs) and total stocks in Andhra Pradesh is around 62 to 65 lakh bags compared to last year same period 77 – 78 lakh bags. On an average 10 to 12 thousand bags are stored in cold storage on a daily basis. 
Current year, due to unseasonal rainfall during November and December and virus attack chilli quality reported damaged. AgriWatch expects supply of premium quality likely to be low in coming days and after summer vacation Guntur market prices likely to move up.