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Byadgi Red Chillies Flare up on Fears Over Lower Output

by | Nov 22, 2022 | Chili, Specials

The price of Byadgi red chillies in Karnataka is now more than twice what it was a year ago on fears that the crop will be lower.
The chilli crop this year has been affected by excess rains. The new Bydagi crop is largely grown in Karnataka and is famous for its lower pungency besides high colour content.
At the Byadgi market, a quintal of Dabbi variety is currently trading at a modal price (the rate at which most trades take place) of $300 versus $152 a year ago.
The maximum price for the variety was $6,87 per kg last week compared with $2,56 in the same period last year, while the minimum price has nearly doubled to $36,80 ($19,19) this year.
Other variety prices
Similarly, the modal price of the Byadgi kaddi variety last week was $280 ($113 in the same period last year), while the maximum price for the top quality was $581 ($235). Prices of the Guntur variety have more than doubled this year in the Byadgi market, as per official data.
The modal price of the Guntur variety was $110 on November 17 in the Byadgi market, while it was $42,43 a year ago. The maximum price fetched by the Guntur variety is $240 ($128) in the Byadgi market.
Trade sources said the market arrivals of the new crop are slower than the last year. This is even as the crop was impacted by the excess and prolonged monsoons at various stages of the crop cycle across the State.
Water-logging
The crop was affected in the key growing regions around Kundagol and Annigeri due to water logging on account of excess rains, thereby hurting the quality of the produce.
“We are expecting good quality produce to come into the markets in the coming weeks,” said Basavraj Hampali of Hampali Traders in Hubballi. In the Hubballi market, good quality Byadgi chillies are traded higher at between $4,65 and $5,87 per kg.
In Bellary, where the chilli is grown on irrigated lands, the crop condition is good this year compared to last year, when it was impacted by the disease. Similarly, the crop in the Raichur region is also good, Hampali said.
In many chilli-growing regions of North Karnataka, the crop is in the ripening stage where the chilli turns red on the plant from green. The ripened red chillies are harvested and sun-dried before being sent to the market.
Unseasonal rains not expected anymore
“There should not be any unseasonal rains going forward, especially in the rain-fed regions of North Karnataka like Dharwad, Haveri, Gadag and Bagalkot districts,” Hampali said. He expects the share of quality produce of dry chillies to be higher this year compared to last year.
Besides a lower crop, the depleted stock levels in the cold storage’s are supporting the prices. The cold storage capacity in the State is around 5.5 million bags of 30 kg each. “Cold stored chilli bags are likely to be around 5 million bags at the start of this season as compared to 2 million bags last year,” he said.
According to the Spices Board data, India’s dry chilli exports were 5.57 million tonnes valued at $104,98 billion in 2021-22.
Source: The Hindu Business line

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The post Byadgi Red Chillies Flare up on Fears Over Lower Output appeared first on Commodity Board Europe GmbH.