The current sluggish demand, though, is expected to rebound when the prices fall further.

Chilli is currently selling at Rs 90-100 per kg.

The current price range of Rs 70-110 per kg is almost double that a year ago. As a result, exporters said, China has not bought as much chi...

After as much as 50% fall following a bumper crop, average prices moved up gradually from Rs 35 per kg during the year as the stock thinned.

Chilli is the largest exported spice from India, earning over Rs. 5,000 crore last year.

The excess production has been estimated to be around 3 lakh tonnes, which may need more cold storages.

The shortfall in harvested crop and rising demand from overseas, particularly China, have raised the price of chilli to a new peak.

Traders said that the prices might increase further to a new high in the coming weeks as the export demand picks up, especially from China.

Chilli prices may go up after about two months due to a slump in production of India’s largest exported spice and an increase in demand fro...

The domestic demand has driven up prices of other varieties of chill Rs 135 per kg, to which a year ago, were hovering at Rs 80 to Rs 90 pe...

Meanwhile, keeping with the national trend of opting for crops with high paying potential, farmers are expected to increase area under chil...

Last year, excess rain in several places led to a slight shortfall in the chilli crop, particularly in Madhya Pradesh.

A prolonged dry spell has spoilt the prospects of a good harvest for several crops grown in south India.

Chillies have become hotter as prices have spiralled following a weak harvest, and futures have hit the upper circuit in trading.

The chilli March contract on NCDEX is ruling at around Rs 66 per kg, up over 6% in the month.

An extensive dry spell has affected the sowing of chilli, turmeric, cardamom & pepper, as rains have been weak this season in southern stat...

As the country gears up for the festival season, there is good news from the agriculture sector, the backbone of the Indian economy.