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Chilli gains 1.58% on good spot demand

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Press Trust of India New Delhi
Last Updated : Jan 21 2013 | 12:12 AM IST

Supported by a good demand at the spot market and lower arrivals, chilli prices rose by Rs 134 to Rs 8,628 per quintal in futures trade today on fresh buying by traders.

At the National Commodity and Derivatives Exchange, far-month November delivery rose by Rs 134, or 1.58% to Rs 8,628 per quintal with an open interest of 1,905 lots.

Similarly, September delivery gained Rs 62, or 0.73% to Rs 8,564 per quintal in 12,860 lots.

Market analysts said the rise in the chilli futures prices supported by good spot demand, amid lower arrivals from producing region.

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First Published: Sep 13 2011 | 3:12 PM IST

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