Chilli remains weak on subdued demand

It remained weak for the second day

Chilli futues for April declined by Rs 84, or 1.21% to Rs 6,874 per quintal in 9820 lots.    

At the National Commodity and Derivatives Exchange (NCDEX), the March contract shed Rs 58, or 86% to Rs 6680 per quintal in 1030 lots.

Chilli remained weak for the second day.

Weakened as speculators reduced their positions, driven by weak spot market trends against adequate supplies.