Our Guntur Mirchi yard was the biggest market yard in Asia. This yard handles tonnes of chilli exports and imports dialy.According to the trade sources the price of all varieties of mirchi are increased as there a lot of demand by exporters and stockists parllel to the low production last year.The price of Teja and Badiga variety shot upto 11,000 per quintal.The remaining varieties are increased upto 2000 to 4000.
According to farmer M Veera Reddy from Rompicherla in Guntur district, the prices have touched record levels due to substantial decrease in production in Kurnool and crop failure in Prakasam.M Venkateswara Rao of Yadlapadu village in Chilakaluripet said that he had cultivated Badiga variety in two acres of farm land during 2016-17. He said that he stored the produce in cold storage and received good remuneration. He further said the State government offered Rs 1,500 additional support price per quintal last year to help chilli farmers.
G Koteswara Rao, a trader, said he could not predict how long the uptrend would continue, but in general prices are likely to be high.Market Yard secretary N Srinivasa Rao said with the season starting in the middle of January, the arrivals began to pick up at the market yard. On Monday, the arrivals shot up to 88,195 tikkies, the highest in the season. On an average, 70,000 tikkies arrive at the market.
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