Chilli rates increase in off period

Warangal: Desi chilli rate ruined an all-time document at Warangal’s Enumamula Agriculture Market Yard, among the biggest markets in Asia, on Thursday rising to a sensational Rs 90,000 per quintal. It might resemble gift from on high for various other farmers. However, the truth is that the ‘fortunate farmer’ Ashok that obtained the document rate really did not have greater than 30 kgs. He went back to Hybothpally town under Parkal mandal in Hanumakonda area where he lives, filching Rs 27,000 (at the price of Rs 90,000 per quintal).

Speaking to The Hans India, Enumamula market backyard choice quality assistant BV Rahul claimed, “Ashok is the only farmer who brought chilli to market on the day. A couple of weeks ago, the price of chilli skyrocketed to 65,000 per quintal. Thursday’s price eclipsed that record. Although it’s off-season, let us hope more farmers if they had stored the produce in cold storage units would benefit with the price hike.”,

“Don’t flatter to deceive by finding the phenomenal rise in the price. One should understand that decreased cultivation, low yield and demand in the international market have made prices of chilli glitter in this season. Only a few farmers would be benefitted by this surge in prices. On the day the chilli price touched Rs 65,000 a quintal a couple of weeks ago, the arrival of the produce was barely three quintals. The situation was similar when a farmer from Mulugu brought two quintals of chilli on March 22. Then the price hike of Rs 52,000 a quintal,” All India Kisan Federation (AIKF) State joint assistant Peddarapu Ramesh claimed.

Compared to last year’s rate that floated anywhere around 9,000 per quintal, the rate walking this period is better yet has actually profited an extremely couple of farmers. Traders blow up the rate to draw the farmers to choose chilli farming widespread in the following period. The investors desire farmers to gain a bumper harvest following period. Then they might press them to choose distress sale,” Ramesh said.

“On the surface area, it resembles a treasure trove, yet no one understands what farmers take house. Due to price, just an extremely couple of farmers keep their fruit and vegetables in the cold storage space devices as well as wait on a great rate. Almost all the farmers had actually marketed out their generate a lengthy back,” P Sambaiah, a farmer from Narsampet mandal claimed.