Indian Red Chilli Prices Rise as Other Spices Face Pressure
Red Chilli Lead with Strong Demand
Indian red chilli varieties, including Fatki, Teja, and Phulkar, experienced significant price increases due to strong stockist buying. These gains reflect steady interest from the market, which reflects the strength.- Fatki rose, now priced at USD 0,90-1,20 per kg.
- Teja advanced to USD 2,16-2,40 per kg.
- Phulkar climbed to USD 2,58-3,12 per kg.
Price Drops in Javitri, Cardamom, and Watermelon Seeds
Several other spices saw price reductions due to limited demand:- Javitri Red Chilli dropped by USD 0,24-0,60 per kg, trading between USD 21,00-23,40 per kg.
- Javitri Yellow eased to USD 21,60-22,00 per kg.
- Big cardamom scissor cut prices fell by USD 0,24 per kg, now priced at USD 21,24-21,36 per kg.
- Watermelon seeds (Magaj) declined by USD 0,18 per kg, settling at USD 5,58-5,64 per kg.
Observations from the Market
Red chillies and nutmeg continue to attract strong demand, while items like Javitri, big cardamom, and roasted pine nuts face limited interest. Traders believe that demand for premium spices and dry fruits may recover as the market prepares for seasonal buying and inventory replenishment in the weeks ahead.Conclusion
The grocery market shows varying dynamics, with red chillies and nutmeg standing out for their strong performance. Meanwhile, Javitri, cardamom, and roasted pine nuts face challenges from reduced buying activity. Buyers and traders are expected to adjust their strategies based on emerging demand patterns.Click here to reach our trading platfrom CMBroker