Chilli futures climb 2.56% on spot demand

Chilli prices traded higher by 2.56 per cent to Rs 12,000 per quintal in futures trade today amid strong domestic demand and restricted supplies from producing regions.

At the National Commodity and Derivative Exchange, chilli teja for delivery in December was trading higher by Rs 300, or 2.56 per cent, to Rs 12,000 per quintal with an open interest of 10 lots.

Analysts attributed rise in chilli prices at futures trade to strong demand in the spot market against restricted supplies from producing regions.