Business Standard

Fresh arrivals fail to pull down chilli prices

BS Reporter  |  Guntur 

Despite fresh arrivals, chilli prices in Andhra Pradesh continue to go up. Fresh crop (special chillies) fetched Rs 7,000 a quintal at Khammam and Rs 6,300 at Guntur, while Teja mirchi quoted at Rs 6,600 at Warangal today. Even minimum prices for these chilli varieties ruled at Rs 4,700, Rs 5,500 and 4,900 a quintal respectively.
 
K Rosaiah, president, Guntur Chillies Merchants' Association, and M Sivaramaiah, yard special grade secretary, attributed the bullish trend to a spurt in export orders from Sri Lanka, Bangladesh, Singapore and Malaysia.
 
Chilli exports from AP in 2006-07 touched 0.9 lakh tonne valued at Rs 390 crore as against exports 0.75 lakh tonne (at Rs 300 crore) in the previous year (2005-06). Export from the state accounted for 60 per cent of the country's export this year.
 
The total output of chilli in the country this year has been 10-12 lakh tonne against 8-10 lakh tonne recorded in the previous year (2005-06). AP accounted for about 6-7 lakh tonne. The crop, estimated at 2.82 lakh tonne, was grown in 62,000 hectare in Guntur district alone.
 
At the Warangal market today, farmers on average got Rs 3,400-Rs 5,050 for GT chilli, Rs 3,500-5,075 for WH chillies, Rs 4,900-Rs 5,750 for Desi chillies and Rs 4,900-Rs 5,600 for special varieties. Common chilli varieties were quoting between Rs 3,800 and Rs 4,600 in Guntur on the same day.
 
Special mirchi fetched Rs 4,200-Rs 6,300, while common varieties quoted at Rs 3,000-Rs 5,500 at Guntur on March 26. Teja mirchi was auctioned at Rs 4,700-Rs 6,500 at Khammam.
 
On March 23, which was the weekend auction day, traders paid Rs 4,100-Rs 6,200 for special chillies and Rs 3,000-Rs 5,500 for common chillies at Guntur. Red chillies fetched Rs 4,200-Rs 6,005 at Khammam.
 
On the same day at Warangal, farmers received Rs 4,700-Rs 5,850 for Desi mirchi, Rs 5,200-Rs 6,100 for special mirchi, Rs 4,900-Rs 6,000 for Teja mirchi.
 
On March 22, traders paid Rs 4,200-Rs 6,200 for special varieties and Rs 3,000-Rs 5,500 for common varieties at Guntur. Teja chilli was auctioned at Rs 4,500-6,200 per quintal at Khammam. At Warnagal, Desi variety was quoting between Rs 4,500-Rs 5,650, Special chilli at Rs 4,800-Rs 5,400 and GT variety at Rs 3,500-Rs 4,700.

 
 

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Fresh arrivals fail to pull down chilli prices

Despite fresh arrivals, chilli prices in Andhra Pradesh continue to go up. Fresh crop (special chillies) fetched Rs 7,000 a quintal at Khammam and Rs 6,300 at Guntur, while Teja mirchi quoted at Rs 6
Despite fresh arrivals, chilli prices in Andhra Pradesh continue to go up. Fresh crop (special chillies) fetched Rs 7,000 a quintal at Khammam and Rs 6,300 at Guntur, while Teja mirchi quoted at Rs 6,600 at Warangal today. Even minimum prices for these chilli varieties ruled at Rs 4,700, Rs 5,500 and 4,900 a quintal respectively.
 
K Rosaiah, president, Guntur Chillies Merchants' Association, and M Sivaramaiah, yard special grade secretary, attributed the bullish trend to a spurt in export orders from Sri Lanka, Bangladesh, Singapore and Malaysia.
 
Chilli exports from AP in 2006-07 touched 0.9 lakh tonne valued at Rs 390 crore as against exports 0.75 lakh tonne (at Rs 300 crore) in the previous year (2005-06). Export from the state accounted for 60 per cent of the country's export this year.
 
The total output of chilli in the country this year has been 10-12 lakh tonne against 8-10 lakh tonne recorded in the previous year (2005-06). AP accounted for about 6-7 lakh tonne. The crop, estimated at 2.82 lakh tonne, was grown in 62,000 hectare in Guntur district alone.
 
At the Warangal market today, farmers on average got Rs 3,400-Rs 5,050 for GT chilli, Rs 3,500-5,075 for WH chillies, Rs 4,900-Rs 5,750 for Desi chillies and Rs 4,900-Rs 5,600 for special varieties. Common chilli varieties were quoting between Rs 3,800 and Rs 4,600 in Guntur on the same day.
 
Special mirchi fetched Rs 4,200-Rs 6,300, while common varieties quoted at Rs 3,000-Rs 5,500 at Guntur on March 26. Teja mirchi was auctioned at Rs 4,700-Rs 6,500 at Khammam.
 
On March 23, which was the weekend auction day, traders paid Rs 4,100-Rs 6,200 for special chillies and Rs 3,000-Rs 5,500 for common chillies at Guntur. Red chillies fetched Rs 4,200-Rs 6,005 at Khammam.
 
On the same day at Warangal, farmers received Rs 4,700-Rs 5,850 for Desi mirchi, Rs 5,200-Rs 6,100 for special mirchi, Rs 4,900-Rs 6,000 for Teja mirchi.
 
On March 22, traders paid Rs 4,200-Rs 6,200 for special varieties and Rs 3,000-Rs 5,500 for common varieties at Guntur. Teja chilli was auctioned at Rs 4,500-6,200 per quintal at Khammam. At Warnagal, Desi variety was quoting between Rs 4,500-Rs 5,650, Special chilli at Rs 4,800-Rs 5,400 and GT variety at Rs 3,500-Rs 4,700.

 
 
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