Chilli prices fell by Rs 111 to Rs 4,145 per quintal in futures market today, on subdued demand against adequate stock positions in the spot markets.
At the National Commodity and Derivatives Exchange, chilli for delivery in September month contract declined by Rs 111 or 2.61 per cent to Rs 4,145 per quintal, with an open interest of 8,835 lots.
The spice for delivery in October month contract also weakened by Rs 110 or 2.45 per cent to Rs 4,427 per quintal in 2,195 lots.
Analysts said subdued demand against adequate stocks position in the spot markets mainly kept the prices under pressure in futures trade.