Indian chilli prices are broadly steady at elevated levels, with premium export-grade lots well supported by strong overseas demand and limited top-quality arrivals. No clear bearish trigger is visible for the very near term, and buyers seeking high-colour, high-pungency grades still face a firm market.
In Andhra Pradesh and Telangana spot mandis, recently reported wholesale levels for Teja and 334/Sannam varieties remain near multi‑year highs, underpinned by solid export buying and selective stocking by traders. Premium lots in Warangal reportedly fetched record prices in early February on the back of strong export demand and reduced cultivation in some competing states, while Guntur traders continue to quote Teja in the upper range of the season.
Exclusive Offers on CMBroker
Chilli dried whole
bird eye, grade a
FOB 4.65 €/kg
(from IN)
Chilli dried
powder, grade a
FOB 4.40 €/kg
(from IN)
Chilli dried
whole, stemless, grade a
FOB 2.15 €/kg
(from IN)
📈 Prices & Spreads
All prices converted approximately to EUR using 1 EUR ≈ 90 INR and rounded.
| Product | Spec | Location | Term | Latest Price (EUR/kg) | W/W Change |
|---|---|---|---|---|---|
| Chilli dried whole | Bird eye, Grade A, organic | New Delhi (IN) | FOB | ≈ 4.65 | Flat vs 22 Mar |
| Chilli dried powder | Grade A, organic | Andhra Pradesh (IN) | FOB | ≈ 4.40 | Flat vs 22 Mar |
| Chilli dried flakes | Grade A, organic | Andhra Pradesh (IN) | FOB | ≈ 4.35 | Flat vs 22 Mar |
| Chilli dried whole | Stemless, Grade A | Andhra Pradesh (IN) | FOB | ≈ 2.15 | Flat vs 22 Mar |
| Chilli dried | With stem | Andhra Pradesh (IN) | FOB | ≈ 2.16 | Flat vs 22 Mar |
Recent mandi indications support the firm tone: Guntur Teja deluxe has been quoted up to about INR 195/kg (≈ EUR 2.17/kg) in mid‑March, while Warangal markets saw premium Desi and Wonder Hot varieties touch record levels in early February due to strong export demand and reduced chilli cultivation in some states.
🌍 Supply, Demand & Weather
India remains the dominant global chilli producer and exporter, with recent outlooks confirming its leading share in world production and key export focus on Asian markets such as Bangladesh, China, Sri Lanka and Southeast Asia. The current marketing period follows a season where arrivals in major centres like Guntur climbed strongly, but farmers also showed greater willingness to store better-quality lots in cold storage, tightening immediate availability of premium grades.
On the demand side, recent regional reporting from Telangana highlights very strong competition for high‑quality chillies, with Warangal APMC recording the highest prices in 3–4 years for select Desi and Wonder Hot types, explicitly linked to robust export orders and reduced acreage in states such as Madhya Pradesh. This pattern of buyers chasing quality while being more selective on lower grades is consistent with the stable but firm FOB indications for organic powders and flakes.
Weather conditions in key chilli belts of Andhra Pradesh and Telangana in late March 2026 have been seasonally warm and largely dry, supportive for harvesting and post‑harvest handling rather than posing immediate crop loss risk. No major new weather disruptions comparable to the 2025 cyclonic events have been reported in the last few days for these regions. Near‑term supply is therefore more influenced by marketing decisions and storage than by fresh weather shocks.
📊 Fundamentals & Market Sentiment
Medium‑term market studies point to India’s chilli area and production remaining historically high, with Telangana and Andhra Pradesh among the leading producing regions by both acreage and output. Nonetheless, recent press coverage of reduced chilli cultivation in some central Indian states, coupled with farmers’ preference to hold better lots in storage, has led to a tighter balance for export‑grade material and sustained a positive basis between premium mandi grades and bulk FOB offers.
Internationally, steady to firm demand from traditional buyers in South and Southeast Asia offers a floor to export prices, especially for higher Scoville and brighter colour profiles. Combined with last season’s localised crop damage from severe weather in coastal Andhra and parts of Telangana, this underpins a cautiously bullish tone among traders for quality chillies, even as overall physical availability remains adequate.
📆 Short-Term Outlook & Trading Ideas
For the next three days (29–31 March 2026), the chilli market in India is expected to remain range‑bound to slightly firm, with limited downside given tightness in premium grades and no immediate sign of demand destruction.
- Exporters: Consider covering near‑term commitments promptly for organic powder, flakes and bird‑eye whole, as FOB EUR prices are stable but any renewed export buying wave from Asia could lift offers modestly.
- Domestic buyers (processors/blenders): Use any minor intraday dips in mandi prices to secure stemless and with‑stem whole chillies, particularly if quality differentials remain wide; upside risk is skewed towards premium grades.
- Producers/stockists: For top‑quality stored lots, a gradual selling strategy is advisable; with export demand healthy and no new large‑scale crop arriving in the next days, there is little pressure to discount aggressively.
3‑Day Directional Price View (India, key chilli regions)
- Andhra Pradesh FOB (organic powder/flakes, export grade): Stable to slightly firm in EUR terms, with a mild upside bias if fresh overseas enquiries emerge.
- Andhra Pradesh FOB (conventional whole, stemless/with stem): Largely stable; intraday volatility possible but sustained correction appears unlikely without a shift in arrivals.
- Major mandis (Guntur, Warangal): Local INR prices for premium Teja/Sannam and specialty varieties expected to hold near recent highs, with limited softening only in lower grades if arrivals briefly pick up.
