Chilli stocks flood NTR market yard- The New Indian Express

By Express News Service
GUNTUR: Chilli in giant portions arrived on the Guntur Mirchi Yard as buying and selling resumed on Wednesday after 4 consecutive holidays.The officers of the mirchi yard have been a bit stunned to see arrival of chilli in giant portions. Usually, such large-scale arrivals are witnessed in March however attributable to consecutive holidays, farmers got here in giant numbers to promote their produce.  

At the identical time, exports to Bangladesh, Columbia and different nations are shifting at a snail’s tempo attributable to Covid-19. Due to this, the chilli stocks are piling up within the yard. A complete of 1,71,475 baggage have piled up by final Thursday. On Tuesday, 1,68,055 baggage arrived on the market yard. Of which, 1,35,967 baggage have been offered. On Wednesday, out of 1.5 lakh baggage that arrived on the yard, practically one lakh baggage have been offered. 

With the market yard flooding with large stocks of chilli, the authorities swung into motion to handle the arrival of stocks. Large variety of lorries and vans with heavy load received stranded in visitors for just a few hours on Wednesday.“The traffic jams are common in the months of April and May,” stated a farmer from Prakasam district, who got here to promote his produce.

An official of the yard stated that at current, there are over three lakh baggage of chilli piled up within the yard. “The market yard will have over four lakh bags of chilli on Thursday. As the market will remain shut for the weekend and with two more holidays coming up in the next week, farmers are in a hurry to sell their produce in the next two days,” he added.The costs of chilli varieties are as follows: Teja Rs 6,500-Rs 15,200 per quintal, Badiga Rs 8,000 to Rs 20,000 per quintal, 334 selection Deluxe Rs 12,500, 341 selection Deluxe Rs 14,500. 

Chilli costs make farmers comfortable

Interestingly, chilli has reported report costs this season with nearly all varieties fetching good returns for farmers
However, farmers expressed concern over decreasing of costs by the merchants, citing the large availability of stocks within the yard
Meanwhile, exporters stated the market is regular and may not go down so quickly

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