New Delhi, 02 June (NNS): Here, the prices of red chilli 334 no. remained stable at Rs 23000 per quintal. Recently, the prices have gone down by Rs 500 per quintal. The supply of crop showed improved trend in Bareilly but the summer vacations are ongoing in the Guntur. After the closure of Strait of Hormuz, now, the Iran is also planning to close Bob Al Mandeb Strait, due to this, the export of other commodities along with red chilli gets affected, 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.

Leave a Reply

Your email address will not be published.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