Agri Business

Chilli turns hot on tight supplies

Our Correspondent Guntur | Updated on February 10, 2011

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Chilli prices are touching a new high this season at the market yard here, the biggest in the country, with a special variety of chilli, known as ‘Badiga', fetching Rs 10,300 a quintal on Wednesday.

It was a record price as quality chilli is in short supply this season. A farmer from Charla mandal in Khammam district, Mr Parchuri Premchand, brought 53 bags of the variety to the yard.

The prices of other special varieties such as ‘Teja' and ‘Wonderheart' touched Rs 9,500 a quintal, while the prices of common varieties remained steady, with the average prices varying from Rs 8,500 to Rs 9,000 a quintal on Wednesday.

The high prices are attracting farmers from neighbouring districts to bring the produce here. The arrivals surged to 26.55 lakh quintals so far this season, compared to 29.75 lakh quintals in 2009-2010 and 27.45 lakh quintals in 2008-2009 during the corresponding period.

Andhra Pradesh accounts for more than 65 per cent of chilli production in the country. Of the 11 lakh tonnes produced in the country, 6.7 lakh tonnes is produced here.

Published on February 09, 2011

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