WARANGAL: The desi pink chilli was offered for a report worth of Rs 55,551 per quintal within the Enumamula Agricultural Market on Monday. The worth of cotton too touched a report excessive and was offered for Rs 12,110 per quintal.
That is the primary time that the chilli and cotton have been offered for such excessive charges on the agricultural market.
Farmers stated that as a result of demand for cotton seed and uncooked cotton within the worldwide market, cotton was offered for a report worth. Final yr, farmers traded about 9 lakh quintals of cotton on the market and this yr the yield ratio decreased to five.5 lakh quintals on account of scarcity of cotton.
BV Rahul, secretary of Enumamula market, stated that the pink chilli varieties -Single Patti, Teja, Marvel Harm, US 341 and Deshawali - are briefly provide and the non-public merchants are demanding a report worth in view of the demand for these chillies in overseas nations akin to Abu Dhabi, UAE and Europe in addition to in different states within the nation akin to Maharashtra, Uttar Pradesh and Madhya Pradesh.
Final yr 8.85 lakh quintals of chillies have been traded on the market, nonetheless, this yr, until March, solely 3.50 lakh quintals of chillies have been traded. The desi pink chilli is in enormous demand in each Telugu states.