Red Chilli: possibility to increase from Here

New Delhi, 23 October: Huge amount of red chilli stock has been lying in the Guntur line, but the upcoming stock does not seems favourable in North India because of the Al-Nino affect. The expected arrival of the stock seems weak in Indore line as comparatively, due to which, there, the prices have been quoted at the strong level and the stock of red chilli which was being sold at the sluggish level in the West Bengal, now, it is ruling at the higher level owing to the shortage of stock. On the other hand, there is a lack of stock in the markets of South India along with Guntur, despite this, there is a heavy shortage of demand in the markets. In contrary to this, the stored stock has been selling out constantly in the markets. The prices of red Chilli teza is being traded at Rs 270/275 per kilogram owing to the improved buying in Delhi NCR from the producing markets. Apart from this, fulcut also been traded at Rs 300/325 per kilogram and it is expected that the prices may show nominal uptrend during the near future.