 "Chilli down 1.6% on weak spot cues")
Chilli prices plunged by Rs 102 to Rs 5,928 per quintal in futures trading today following all round selling by traders in line with weak physical market sentiment.
Marketmen said increased supply and reduced offtake in physical markets mainly led the fall here in futures markets.
At the National Commodity and Derivatives Exchange, chilli prices for far October month slided by Rs 102, or 1.69%, to Rs 5,928 per quintal, clocking an open interest of 955 lots.
Most active July month contract prices also tumbled by Rs 72, or 1.28%, to Rs 5,536 per quintal, having an open interest of 13,715 lots.
Marketmen said increased supply and reduced offtake in physical markets mainly led the fall here in futures markets.
At the National Commodity and Derivatives Exchange, chilli prices for far October month slided by Rs 102, or 1.69%, to Rs 5,928 per quintal, clocking an open interest of 955 lots.
Most active July month contract prices also tumbled by Rs 72, or 1.28%, to Rs 5,536 per quintal, having an open interest of 13,715 lots.
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