Chilli prices have increased by nearly 20 % in the last one month. Rain during July-October has damaged the crop in Madhya Pradesh. At least 80 % of the 1st picking of chilli crop was washed away by rains in the State.
The price of 334 grade chilli, at Guntur in Andhra Pradesh increased
Export demand from Bangladesh, Malaysia, Sri Lanka and Indonesia also adding prices rise.
Chilli production in 2012-13 has been estimated at 12.99 lakh tonnes, down from 14.26 lakh tonnes a year ago