Chilli prices in Warangal have seen a modest rebound, rising by ₹6–₹12 per kg after months of consistent decline. Despite this uptick, overall market activity remains muted due to subdued trading during the summer and persistently weak demand from end-users and stockists. Liquidity constraints among stockists—driven by the prolonged price slump over the past two years—continue to dampen market sentiment.
Adding to the cautious outlook, traders are concerned about a potentially larger-than-expected chilli crop, which could exert further downward pressure on prices.
In the export market, the Teja and Teja Deluxe varieties are currently priced at ₹120–₹125 per kg. These competitive domestic rates are expected to support strong export volumes through May. According to the latest EXIM data from the Department of Commerce, India exported a record 95,166 tonnes of chilli in February—up 40% year-on-year. Shipments to China surged by 59% to 62,774 tonnes, while exports to Thailand jumped 66%. However, exports to Bangladesh slipped by 4%.
While export performance remains robust, domestic prices continue to face headwinds due to ample supply and lackluster local demand, leaving traders navigating a market caught between global opportunity and domestic uncer
tainty.