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Chilli falls by 1.40% in futures trade

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Press Trust of India New Delhi

Chilli prices fell by Rs 124 to Rs 8,746 per quintal in futures trading today on sluggish demand in the spot market against adequate stock availability.

At the National Commodity and Derivatives Exchange counter, chilli for June delivery fell by Rs 124, or 1.40%, to Rs 8,746 per quintal with an open interest for 12,570 lots. 

Similarly, the spice for delivery in July declined by Rs 108, or 1.19%, to Rs 9,000 per quintal in 6,525 lots. 

Market analysts said a weak trend in the spot market on sluggish demand against the adequate stocks position mainly pulled down chilli prices in futures trade.

 

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First Published: May 25 2011 | 2:46 PM IST

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