India: Chili prices skyrocket after Guntur market reopens

Published 2022년 7월 4일

Tridge summary

The largest chili market in Asia, located in Guntur, has seen a surge in business since its reopening on June 13, with daily sales of 50,000-70,000 bags. The market is experiencing a significant increase in the prices of all chili varieties, with the '341 deluxe' variety seeing a rise of Rs 6,000-7,000 per 100 kgs, and other varieties rising by Rs 2,000 to 4,000 per 100 kgs. The '341 deluxe' variety is particularly popular due to its rich red color and intense flavor, and is primarily grown in the Guntur and Prakasam districts of Andhra Pradesh and Khammam in Telangana.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Business is brisk in the largest chili market in Asia, in Guntur. It reopened on June 13. The yard has been receiving 50,000-70,000 bags of chilies daily for the past couple of weeks as demand is high. Prices of all varieties of the fruit have been skyrocketing ever since the reopening. The ‘341 deluxe’ variety is expensive by Rs 6,000-7,000 per 100 kgs, whereas the prices of other varieties too have witnessed a spike of Rs 2,000 to 4,000 per 100 kgs. On the increasing popularity of 341 deluxe, one trader said the variety has a rich ...

Source: Hortidaily