New Delhi, 15 June (NNS): The offtake of red chilli reported to be weak, due to this, the market of red chilli showed soft trend. Recently, its prices have reduced by Rs 500 per quintal, as a result, here, the prices of red chilli 334 no. remained stable at Rs 22000/23000 per quintal. Both the new and the old stock of red chilli has been lying in the biggest market of Asia like Guntur of Andhra Pradesh. The prices have not showed expected increment due to the appropriate amount of supply in the markets. The production reported to be high as compared to the expectations during the season, due to this, the arrivals seems high in the famous markets like Guntur and Warangal. The export of red chilli gets affected due to the weak demand from the importer countries like China, Bangladesh and Malaysia. The prices of red chilli will likely to increase during the near future.