Chilli extends losses, slips 2% on selling pressure

Prices dropped as speculators booked profits

Press Trust of India New Delhi
Last Updated : Feb 20 2013 | 2:18 PM IST
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.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 20 2013 | 2:17 PM IST

Next Story