 "Chilli down 2.5% sluggish demand")
Chilli prices fell by 2.55% to Rs 5350 per quintal in futures market today as speculators trimmed their positions, driven by sluggish demand in the spot market.
At the National Commodity and Derivatives Exchange, chilli for delivery in August fell by Rs 140, or 2.55% to Rs 5350 per quintal with open interest of 1045 lots.
Similarly, chilli for delivery in September traded lower by Rs 118, or 2.14% to Rs 5408 per quintal in 6285 lots.
Anlysts said speculators trimmed their positions, driven by sluggish demand in the spot market against adequate stocks position mainly pulled down chilli prices at futures trade.
At the National Commodity and Derivatives Exchange, chilli for delivery in August fell by Rs 140, or 2.55% to Rs 5350 per quintal with open interest of 1045 lots.
Similarly, chilli for delivery in September traded lower by Rs 118, or 2.14% to Rs 5408 per quintal in 6285 lots.
Anlysts said speculators trimmed their positions, driven by sluggish demand in the spot market against adequate stocks position mainly pulled down chilli prices at futures trade.
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