Chilli falls 1.8% on higher output

Chilli futures for April moved down by Rs 120, or 1.79%, to Rs 6,600 per quintal in 9,135 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the March contract lost Rs 114, or 1.74%, to Rs 6,444 per quintal in 6,875 lots.

Prices dropped as speculators booked profits at prevailing higher levels.

Subdued demand from retailers and stockists on heavy selling activity by the investors also impacted the market.