New Delhi, 15 December (NNS): There were around 80000/85000 bags of red chilli reported to arrive and the prices remained stable at the same level in Guntur. The prices of red Chilli 334 no. remained stable at Rs 16,500 per quintal due to the sluggish buying and arrivals then than normal level in the producing areas. Recently, the prices have gone down by Rs 500 per quintal. The market sentiments may affect because of the starting of the new crop. There is no possibility of  long uptrend in the spot red chilli prices during the near future.

Leave a Reply

Your email address will not be published. Required fields are marked *