🌶️ Spicing Up the Market: Red Chilli Trends Amidst Fluctuating Supply and Rising Export Demand 🌶️

As the chilli market navigates through a period of decreased supply and heightened export interest, particularly from Guntur and Warangal markets, prices have shown a slight uptick. The notable decrease in arrivals, coupled with a surge in demand from exporters, has led to a nuanced shift in market dynamics. This report delves into the current state of the red chilli market, analyzing recent price movements, fundamental drivers, and providing a forecast that considers the potential impact of regional weather conditions on upcoming harvests.

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📊 Market Overview

Product	Type	Price ($/kg)	Previous Price ($/kg)	Change (%)
Chilli dried whole	bird eye, grade a	4.9	4.93	-0.61%
Chilli dried	powder, grade a	4.64	4.67	-0.64%
Chilli dried	flakes, grade a	4.59	4.63	-0.86%
Chilli dried	with stem	2.32	2.35	-1.28%
Chilli dried	whole, stemless, grade a	2.37	2.4	-1.25%

📈 Key Market Drivers

• Decreased arrivals in major markets like Guntur and Warangal.
• Increased demand from exporters, influenced by favorable export statistics.
• Speculative positioning by importers anticipating stable or rising prices.

⛅ Weather Outlook – Key Growing Regions

Current weather patterns suggest mild to moderate rainfall in the key chilli growing regions of Andhra Pradesh and Telangana, which could benefit the crop if sustained. However, any deviation towards excessive rainfall or drought could impact the yield and quality of the upcoming harvest.

🔮 Price Forecast – Next 3 Days

Date	Expected Price Range ($/kg)
April 27, 2025	4.85 – 4.95
April 28, 2025	4.80 – 4.90
April 29, 2025	4.75 – 4.85

📌 Conclusion & Strategic Recommendations

• 🛒 Buyers: Monitor the market closely for any significant changes in weather patterns that could affect supply.
• 🏭 Sellers: Capitalize on the current export demand by securing contracts at favorable prices.
• 📊 Traders: Keep an eye on global market trends and adjust strategies accordingly.