Red chili prices have gone up due to crop loss in India

The prices of red chili are rising in India. The crop was hit by pest attack and damage from unconditional rainfall in south-producing states. Lower yields have increased prices by more than 80% in four months to a record high, and prices are likely to stay high throughout the year, forcing overseas buyers to shell out more at a time when the prices of fuel and other food ingredients are also soaring. FPOs (Farm Producer Organizations) said farmers uprooted the plants during the flowering stage in many zones. As a result, farmers fear an output drop.