Chilli down 1.08% on higher output

Subdued demand from retailers, stockists impacted the market

Chilli futures for April fell further by Rs 76, or 1.08%, to Rs 6,952 per quintal in 8,420 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the March contract lost Rs 70, or 1.02%, to Rs 6,782 per quintal in 7,605 lots.

Prices fell amid heavy selling by speculators and reports of higher output this season.

Subdued demand from retailers and stockists also impacted the market.