Even common variety of chillis are being sold at Rs 9,000 to Rs10,000 per quintal in the Guntur Mirchi Yard. According to the market yard officials, red chilli crop was damaged in the State due to deficit rainfall and pest attacks. The yield this season was 40 per cent less than that of last year. Similarly, the chilli production in MP, Gujarat, Orissa and Maharashtra had fallen due to adverse seasonal conditions and this led to the increase in demand for good quality chillis in the international market.
With the demand reaching all time high, the exporters are purchasing good quality stock at higher price to make a fast buck. A Sambasiva Rao a chilli farmer in Tadikonda said, “The traders are offering high price and more than 70 per cent of farmers have already sold chili stocks.”
Every year the farmers in Guntur and Prakasam districts keep more than 10 lakh bags of chilli for reserve in various cold storage units. This year the reserves depleted to 1 lakh bags due to fall in yield but as of now there is reserve stock in the cold storage units in the district.
Guntur Mirchi Yard secretary K Rama Mohan Reddy said that the chilli purchases are expected to be completed by March.