Chilli extends losses, slips 2% on selling pressure

Chilli futures for April fell by Rs 148, or 2.14%, to Rs 6,752 per quintal in 8,800 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the March contract declined Rs 138, or 2.04%, to Rs 6,594 per quintal in 7,620 lots.

Prices dropped as speculators booked profits following reports of higher output estimates.

Subdued demand from retailers and stockists also impacted the market.