Indian Red Peppers price expected to drop due to over stock and expanded cultivation

Red Pepper price is likely to go further down by end of November, 2021 due to overflow of chilli stocks in cold storage in Andhra Pradesh, Telangana and Karnataka, and expansion of sowing areas. It is expected that processors can be offered with products at cheaper price. Current Prices are ranging between USD 1.5-1.8 per Kg.