Chilli 334 prices were quoting steady at Rs 5,200-5,500 per quintal in theGuntur spot market. The total arrivals jumped to 40,000 bags (5,000 bags of Khammam teja) from 30,000 bags.
|Mandi||Variety||Prices (Rs per quintal)||changes from previous day|
|Guntur (Andhra Pradesh)|| |
|Teza New|| |
The NCDEX Chilli December contract moved in the range of Rs 5,266-5,172and is currently trading at Rs 5,224 per quintal, down by Rs 50 or 0.96% perquintal.
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India Infoline News Service / 09:04, Jan 22, 2015
The outlook is a flat start. The market will look to scale to new peaks though not much effort is needed for the same. HUL saw a rally and short-covering may have pulled it up further. Speculation is on that its parent will raise stake through an open offer. After the cooling in oil prices, Cairn results will be in focus.