The Agricultural Market in Guntur will be observing Summer Holidays starting from May 15th, 2023, until June 11th, 2023. Trading at the Guntur Yard will be suspended during this period and will resume on June 12th, 2023, which is a Monday. The last official working day before the holidays will be on May 12th, 2023, which falls on a Friday.
there is a high demand incresed for Teja and 334 varieties of Red Chilli in the global market, particularly from countries such as China, Malaysia, and Bangladesh. The Teja variety is primarily exported from the Khammam and Warangal markets, while the Guntur market is the major source of export for the 334 variety in the current season.
Likewise, the Byadgi market experienced a decline in the prices of Red Chilli Dabbi Dlx Local, which were reported to be in the range of INR 43,000-51,000 per quintal, marking a decrease. Meanwhile, the demand for Red Chilli 5531 Best increased among masala companies and millers, leading to a rise in its prices. As a result, the current price for Red Chilli 5531 Best was quoted at INR 14,000-18,000 per quintal.