Chilli prices declined by Rs 106 to Rs 7,900 per quintal in futures trade today due to subdued demand in the spot market against adequate stock availability.
At the National Commodity and Derivatives Exchange, chilli for July delivery declined by Rs 106, or 1.32%, to Rs 7,900 per quintal with an open interest for 1,925 lots.
Similarly, the spice for August delivery shed Rs 42, or 0.50%, to Rs 8,320 per quintal in 11,735 lots.
Market analysts said subdued demand in the spot market against adequate stock availability mainly led to the decline in chilli prices in futures trade here.