Current Trend
In significant markets, including Guntur in Andhra Pradesh, the pressure of the arrival of red chillies has eased a bit. It has been reported that the price of this major commodity remained stable in all the domestic markets. However, there has been a slowdown in trade due to profit-booking selling in domestic markets in India.
There has been some reduction in red chilli arrival because earlier, in the three major states of southern India, mainly Andhra Pradesh, Telangana, and Karnataka, there was fear that the red chilli crop would be weaker than average. Farmers have been selling reasonable quantities of red chillies. The price has remained firmly stagnant in other big markets, including the main markets of chilli Guntur.
Future Trend
According to the traders, the wholesale price of red chilli is not expected to rise in the coming days. At present market will remain stable.
Price Trend
Turmeric Finger (Salem, Double Polished – No.1)
| Date | Price |
| March 23 | $2,11 per kg FOB |
| March 17 | $2,10 per kg FOB |
| March 1-10 | $2,06 per kg FOB |
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