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Bearish mood continues in Red chilli on slow demand

29 Nov 2022 8:49 pm
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Guntur, Nov 29 (Commoditiescontrol) Bearish mood continued in red chilli on Tuesday amid slow demand while arrivals increased in the benchmark market of Guntur. Other markets also witnessed subdued demand.

Prices of 334/S10, Teja, No5 , 341 and DD held flat while other varieties of chilli traded Rs 5 per kg down at Guntur. Warangal markets witnessed bearish mood despite arrivals were down. As per the trade sources, the local processors as well as the exports are buying as per their short-term demand as they expect more downsides in the prices of red chill.

Commodity

Market

Variety

Min

Max

Prev. Min

Prev. Max

Change

Arrivals

Chilli

Guntur

334/S10/

170

270

170

270

0

65000

Chilli

Guntur

TEJA

160

210

170

210

0

Chilli

Guntur

SYNGENTA

200

270

200

275

-5

Chilli

Guntur

273

200

260

200

265

-5

Chilli

Guntur

No 5

200

280

200

280

0

Chilli

Guntur

341

200

270

200

270

0

Chilli

Guntur

4884

170

205

170

210

-5

Chilli

Guntur

DD

200

270

200

270

0

Chilli

Warangal

TEJA

180

200

190

205

-5

2000

Chilli

Warangal

341

240

250

250

265

-15

Chilli

Warangal

W.HOT

350

370

350

370

0

Chilli

Khammam

TEJA

180

200

190

210

-10

10000

Chilli

Khammam

FATKI

100

120

120

120

0


       
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