Chilli prices declined by Rs 60 to Rs 5,336 per quintal in futures trade today as traders reduced their positions, triggered by a higher output estimate in the current year.
At the National Commodity and Derivatives Exchange, chilli for delivery in October declined by Rs 60, or 1.11%, to Rs 5,336 per quintal, with an open interest of 7,630 lots.
November chilli shed Rs 18, or 0.34%, to Rs 5,220 per quintal in 6,636 lots.
Marketmen attributed the fall in chilli prices at futures market to speculators reducing their positions on higher output estimate in the current year.
