The Virudhunagar Samba variety is expected to be at Rs. 48 – Rs. 54 a kg, while the Ramanad Mundu variety would be higher by Rs. 10 to Rs. 20 a kg. In such a case, the DEMIC has urged farmers to take advantage of the price and sell the chillies during the initial few weeks of arrival of the new crop. Usually red chillies arrive in the major markets in January and extend till mid-May. But, this year due to the delayed monsoon, the arrivals are expected by March-end. The DEMIC team of N. Raveendaran and P. Padmavathy studied the markets at Virudhunagar, Ramanathapuram, Paramakudi, Tuticorin and Chennai.
Mar 5, 2009
The Tamil Nadu Agricultural University has advised farmers to sell red chillies as soon as they hit the market as the price is expected to remain firm in the months of March to May. According to the Domestic and Export Market Intelligence Cell (DEMIC) of the university, the econometric analysis of data revealed that the prices of red chilli would range between Rs. 48 to 54 a kg in the above said months. However, the market study of the present situation reveals that the price of red chilli is not expected to decline beyond Rs. 40-a-kg even if bumper production is realised.