Chilli rises more than 1% on spot demand

Limited arrivals from producing belts supported the trade

Chilli futures for July shot up by Rs 84, or 1.47%, to Rs 5,786 per quintal with an open interest of 3635 lots.

At the National Commodity and Derivatives Exchange (NCDEX), the June contract traded higher by Rs 76, or 1.36%, to Rs 5,644 per quintal in 19,040 lots.

Prices spurted as speculators enlarged positions amid firming spot market trend on good demand and limited arrivals from producing belts.