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CHILLI - Market Prices Report

July 31, 2017 at 7:33 AM , Rainbow Exports
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Chillli: China Closed gates of boarder Trader from Vietnam

China Closed gates of boarder of Vietnam for Chillis.

China is the major buyer for chillis from India. Major trader of china imports of Chilli from via boarder of Haiphong to Chilli by boarder trader. Note that Chinese importers will not be able to clear the cargo from Haiphong since China Customs has closed their gates for Chilli coming from Haiphong border. The main gates used to transport Chilli from Haiphong to China border are Gates - Puzhai, Nonghuai, Pinger, Aidian. These have been closed by China Customs only for Indian Chilli. Not sure of the reason but most of them are saying its due to disputed Doklam region. However, we are not sure if this is the only reason. Also, no one is aware as to when gates will be opened or will it be ever opened.

Due to the China decision, on the way cargo and also the pending orders will be in problems which can affect the chilli market in Big way and market which has gone up will come back at lower prices and can get stabilize. Today this news  stops exports demand from major importer china.

(Information from buyer and trader at China and Vietnam)

Red Chili

Market get stabilize of continuous rise in last week. Chilli becomes stable. Overall market prices of Chilli in all market are stable. China closed gates for Indian chilli imports via Haiphong, Vietnam.

New Delhi:

At New Delhi market, Red Chilli Teja (Khamam), Red Chilli 334, Red Chilli Fatki, Red Chilli Packing, Red Chilli No. 12 (Full Cut), Red Chilli Guntur (Full Cut)  is stable.

Guntur:

At Guntur market, Red Chilli NCDEX Quality is stable as against previous close. Arrivals were reported at 5000 Bags, lower as against previous day's arrival. Cold storage arrival reported to 55000 bags. Red Chilli 334 market is stable. Red Chilli Teja market started strong. Red Chilli No.273,  Red Chilli No.5, Red Chilli Fatki at Guntur market prices are stable.

Khargone:

At Bedia market in Khargone, Red Chilli Indu 2070, Red Chilli MICO (Teja) price stable. Arrivals are steady and little higher side as against previous day's arrival.

Warangal:

At Warangal market arrivals 2000 bags. Cold bags arrival 3000 bags. Red Chilli Teja is higher compared to previous close. Estimated market supply was at 3500 bags, up by 1000 bags as compared to previous day. Red Chilli Wonder Hot, Red Chilli 341, Red Chilli Denvor Delux, Red Chilli Paprika, Red Chilli Fatki at Warangal market is stable.

Overall market is stable. Cold Storage Material is offered at higher prices.

Attached Files

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Weekly chilli prices 31.07.2017

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