Red Chilli
Red chilli prices in the Guntur market are currently trading at Rs 5,533 a quintal. Demand is expected to remain steady in the coming days and lower acreage would push prices higher. Prices are expected to increase over the coming days to Rs 5,600 a quintal.
Mustard Seed
Mustard seed prices in the spot market are trading at Rs 3,911 a quintal. Weak demand from processors due to negative margins might weigh on prices in the coming days. Prices are expected to head towards Rs 3,875 per quintal.
Prerana Desai, V-P (research), Edelweiss Agri Services and Credit, Edelweiss Agri Value Chain
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