In NCDEX chilli March contract closed at Rs.5330 per quintal,higher by 2.14 per cent against the previous close.
In the morning session the contract traded at a range of Rs.5210-5338 per quintal. Open interest of the contract stood at 3240 lots and volume traded is 1650 lots.
Chilli production estimates for this season is estimated around 12.5-13 lakh tonnes v/s 10.5- 11 lakh tones last year.