Chilli, Jeera prices decline on subdued demand

NEW DELHI: Red chilli and jeera prices fell by Rs 100 per quintal in the national capital today on subdued demand from retailers and stockists amid adequate stocks.

Weakening trend in futures market also put pressure on the select spice prices.

Red chilli prices fell by Rs 100 to Rs 6,000-11,200 per quintal.

Jeera common and best quality also declined by Rs 100 each to conclude at Rs 12,800-12,900 and Rs 16,500-17,000 per quintal.

Marketmen said subdued demand from retailers and stockists against adequate stocks, mainly pulled down chilli and jeera prices on the wholesale kirana market here.

The following are today's quotations: Ajwain 10,000-15,000, black pepper (per kg) 400-525, betel-nut (kg) 180-200, cardamom brown-Jhundiwali (kg) 800-900 and cardamom brown-Kanchicut (kg) 950-1,050.

Cardamom small (kg): Chitridar 730-870, cardamom (colour robin) 720-860, cardamom bold 730-820, cardamom extra (bold) 920-1,050 and cloves (kg) 600-770.