New Delhi, 26 October (NNS): Arrivals of the old crop are reportedly declining in major markets such as Guntur. Farmers and big traders are selling limited quantities of their stocks in anticipation of higher prices. Following the recent rise in red chilli prices, buying activity has weakened slightly. Recently, prices of red chilli variety No. 334 had increased by Rs 500 per quintal, after which rates in Delhi remained steady at the previous level of Rs 26000/28000 per quintal. Although export demand from major countries such as China has slowed somewhat, domestic prices remain firm due to a significant shortage of stocks in the local market, despite the decline in exports.