Indian Chilli FOB Prices Firm as Guntur Mandi Holds Near ₹27,000
Concise update on Indian dry chilli prices: firm Guntur mandi levels, stable FOB quotes, supportive weather in Andhra Pradesh and a slightly bullish 3‑day outlook.
Prices
Latest FOB quotations from India show a broadly firm market, with incremental gains over the past week:
| Product | Specification | Origin / Port | Delivery term | Current price (EUR) | Previous price (EUR) | Direction |
|---|---|---|---|---|---|---|
| Chilli dried | whole, stemless, grade A (non-organic) | Andhra Pradesh, IN | FOB | 2.14 | 2.12 | ⬆ slightly firmer |
| Chilli dried | with stem (non-organic) | Andhra Pradesh, IN | FOB | 2.13 | 2.11 | ⬆ slightly firmer |
| Chilli dried | flakes, grade A (organic) | Andhra Pradesh, IN | FOB | 4.32 | 4.30 | ⬆ modest uptick |
| Chilli dried | powder, grade A (organic) | Andhra Pradesh, IN | FOB | 4.33 | 4.31 | ⬆ modest uptick |
| Chilli dried whole | bird eye, grade A (organic) | New Delhi, IN | FOB | 4.57 | 4.556 | ⬆ stable to firm |
| Chilli dried whole | whole, stemless, grade A 99%+ (non-organic) | Surat, IN | FOB | 2.70 | 3.00 | ⬇ softer vs. early September |
| Chilli dried whole | with stem 99%+ (non-organic) | Surat, IN | FOB | 2.55 | 2.55 | → flat |
At the domestic benchmark, Guntur APMC reports dry chillies (Guntur variety) at a modal price near ₹27,000 per quintal, with recent trades between roughly ₹18,000 and ₹28,000, signalling robust underlying demand and limited downside in the short term.
Supply & Demand
- India as key origin: Guntur in Andhra Pradesh remains the primary reference market for dry red chilli, with active trade in Guntur, Guntur FAQ and premium red/top grades.
- Domestic demand steady: Modal prices above ₹25,000 per quintal for standard Guntur FAQ over the past week point to healthy buying by domestic grinders and traders ahead of the main festival season.
- Export interest supportive: Exporters in Guntur continue to cater to key markets such as China, Bangladesh, Sri Lanka and the Middle East, underpinning demand for higher‑pungency Teja and related grades, even though detailed shipment data for mid‑September are not yet published.
- Regional price dispersion: Slight softness in Surat FOB levels versus early September suggests better local availability or weaker nearby demand in western India, contrasting with the firm tone in Andhra Pradesh.
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Fundamentals & Weather
Weather is currently not a major threat for Indian chilli, but bears watching. IMD short‑range forecasts for Hyderabad, a proxy for adjoining Telangana and parts of Rayalaseema, show partly cloudy skies with one or two spells of rain or thunderstorms from 20–23 September, with maximum temperatures near 31–32°C and no severe warnings.
For Coastal Andhra Pradesh, IMD subdivision warnings point to thunderstorms and lightning around 20 September and isolated heavier showers later in the week, but without persistent extreme rainfall in the main chilli belts. These conditions are broadly supportive of vegetative growth for standing Kharif chilli, and near‑term price moves are therefore more closely linked to mandi arrivals and stockholding than to immediate weather stress.
On the fundamentals side, spot data from multiple mandi‑price providers confirm that modal dry chilli prices at Guntur have stabilised in the upper ₹20,000s per quintal in mid‑September, following firming from earlier seasonal lows. Processed products (powder and flakes) command a clear premium in FOB terms, especially in organic grades, indicating sustained export and branded retail demand.
3‑Day Outlook & Trading View
Weather outlook (20–22 September 2026)
- Andhra Pradesh & Telangana (IN): Partly cloudy to generally cloudy skies with scattered showers and isolated thunderstorms expected; no broadscale severe weather warnings for key chilli belts in the next 3 days.
- Impact on chilli: Short, scattered rains may briefly slow sun‑drying and logistics but are unlikely to materially affect crop prospects or near‑term price formation.
Trading outlook
- Importers / buyers: Consider covering near‑term needs for whole stemless and with‑stem material from Andhra Pradesh at current FOB levels, as firm Guntur mandi prices and stable weather skew risk slightly to the upside in the short run.
- Processors & blenders: The premium on organic flakes and powder is intact but not rapidly widening; staggered purchases over the next 1–2 weeks could balance price risk and supply security.
- Exporters: With Surat FOB easing while Andhra Pradesh remains firm, there may be scope to blend origins to optimise margins, while closely tracking any shift in export enquiries from China and South Asia.
3‑day regional price indication (direction only)
- FOB Andhra Pradesh (whole & with stem, non‑organic): Bias: stable to slightly firmer, tracking strong Guntur mandi values.
- FOB Andhra Pradesh (organic flakes & powder): Bias: firm, supported by steady export and branded demand.
- FOB North India / New Delhi (bird eye organic): Bias: stable to firm, with limited volume and niche export interest.
- FOB Surat (whole, non‑organic): Bias: stable after recent softening versus early September.