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VIJAYAKRISHNA SPICE FARMS
Chilli not so hot as harvest gains momentumThe current sluggish demand, though, is expected to rebound when the prices fall further.
India looks to maintain lead in spices this yearBut plantation crops like rubber, coffee and pepper may face a bleak prospect
Chilli prices set to fall due to higher acreage, output in Madhya PradeshChilli is currently selling at Rs 90-100 per kg.
Red chilli to turn costlier by MarchAfter 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.
Rain delay pushes farmers to pick chilli over cottonChilli is the largest exported spice from India, earning over Rs. 5,000 crore last year.
Traders seek cold storages to stock chilli; prices fallThe excess production has been estimated to be around 3 lakh tonnes, which may need more cold storages.
With prices high, cultivators to increase sowing area for growing chilliThe shortfall in harvested crop and rising demand from overseas, particularly China, have raised the price of chilli to a new peak.
Drought may hit crop output across South IndiaDrought in southern states has affected the cultivation of major commodities like rice, cotton and spices. Production of these commodities ...
China demand may push chilli prices upTraders 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 rise over production slump and Chinese demandChilli 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...
Chilli prices set to go higher on low stocks and viral attackThe 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...
Red chilli prices may go up if poor rains spoil outputLast year, excess rain in several places led to a slight shortfall in the chilli crop, particularly in Madhya Pradesh.
Weak monsoon may fire up spicesPrices of pepper, cardamom and chilli hovered at high levels in the past year while rubber hit a four-year low. Coffee and tea had a good y...
- Chilli Futures rise on lower output
The chilli March contract on NCDEX is ruling at around Rs 66 per kg, up over 6% in the month.
Good China crop may spoil chilli exportsThe forecast of a good chilli crop in China will hit the shipments from India, as the country has been the largest buyer of the spice in th...
- Dry spell impedes sowing of spices
An extensive dry spell has affected the sowing of chilli, turmeric, cardamom & pepper, as rains have been weak this season in southern stat...
- Higher output and poor export demand hit spices
Prices of major spices are being driven to the ground by higher production, poor export earnings and a lack of working capital.