Chilli futures prices today surged by Rs 220 to Rs 6,112 per quintal as speculators enlarged their positions, tracking a firming trend at spot market on strong demand.
Thin supplies from producing belts and overseas inquiries also supported the uptrend.
At the National Commodity and Derivatives Exchange, chilli for delivery in September month surged by Rs 220, or 3.73% to Rs 6,112 per quintal, with an open interest of 3,540 lots.
The August contract jumped up by Rs 190, or 3.34%, to Rs 5,876 per quintal in 7,400 lots.
Market analysts said strong demand in the spot market against thin supplies from producing belts, mainly pushed up the chilli futures prices.
