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Market Updates
On October 21, 2024, spot prices for various chili varieties exhibited notable fluctuations across key markets.
In Bedia, the price for No. 12 (Full Cut) dropped significantly by INR 10,000,
closing at INR 1,80,050/tonne, indicating a substantial decline in market sentiment In Guntur,
closing at INR 1,80,050/tonne, indicating a substantial decline in market sentiment. In Guntur,
the No. 5/Fatki variety fell by INR 5,150 to INR 1,64,900/tonne, reflecting weaker demand.
Conversely, the Teja variety in Guntur saw a modest increase of INR 350, settling at INR
1,85,100/tonne, suggesting some resilience amid overall price drops.
In Khari Baoli, the Teja
variety rose by INR 150 to reach INR 2,10,100/tonne, while the No. 5/Fatki variety increased
slightly by INR 90, closing at INR 1,10,050/tonne.