Red chilli - export demand low

08-Nov-2024 06:16 PM

New Delhi. Informed sources say that even after the festive season is over, there is a lack of export demand in red chilli. Sources say that at present there is no buying from China. Whereas due to the bad political situation in Bangladesh, due to payment problems and weak demand, the prices of red chilli are being quoted with a slowdown. There is no possibility of a boom in the market right now. According to the information received, this year 70 percent of the sowing of red chilli has been done in Andhra Pradesh. Whereas the new crop will start in January-February.