Chilli futures prices today gained 1.70% to Rs 5,734 per quintal on speculators increasing their positions, driven by a firming spot demand against thin supplies.
At the National Commodity and Derivatives Exchange, chilli for delivery in August gained Rs 96, or 1.70%, to Rs 5,734 per quintal, with an open interest of 4,595 lots.
The September contract traded higher by Rs 88, or 1.50%, to Rs 5,948 per quintal in 8,720 lots.
Marketman said pick up in demand in the spot market amid thin supplies from producing regions pushed up chilli futures.