 "Chilli down 3.9% on sluggish demand")
Chilli prices moved down by 3.99% to Rs 6,588 per quintal in futures trade today as speculators reduced exposures amid a weak trend at spot market on sluggish demand.
At the National Commodity and Derivatives Exchange, chilli for delivery in November moved down by Rs 274, or 3.99%, to Rs 6,588 per quintal with an open interest of 35 lots.
Analysts said subdued demand at spot markets against adequate stocks following higher supplies mainly put pressure on chilli futures prices.
At the National Commodity and Derivatives Exchange, chilli for delivery in November moved down by Rs 274, or 3.99%, to Rs 6,588 per quintal with an open interest of 35 lots.
Analysts said subdued demand at spot markets against adequate stocks following higher supplies mainly put pressure on chilli futures prices.