New Delhi, 01 June (NNS): Here, the prices of red chilli 334 no. reduced by Rs 500 to Rs 23000 per quintal owing to the weak buying from the stockists. Recently, the prices have gone down in the same ratio. There are one month summer vacations in Guntur. There, the trading activities will likely to be normal from the June 12. Here, the new crop of Bareilly has been ruling in the markets, due to this, the market sentiments may affect. The spot red chilli prices will likely to remain sluggish during the coming one or two days.