Quick read: Auction activity around Oct 2 was thinner than usual. Holiday closures and patchy late-monsoon weather slowed flows into key yards, keeping prices firm for mainstream grades.
Arrivals
- Late-September daily arrivals into Guntur generally hovered around ~40,000–60,000 bags/day, lighter than typical pre-festival sessions.
- Oct 2 coincided with a national market holiday (Gandhi Jayanti) and Dussehra closures, so several yards ran reduced or no auctions.
- Guntur posted a holiday shutdown through Oct 5, with normal trade resuming after the long weekend.
Prices (farmer level, benchmark grades)
- Teja S17: commonly quoted around ₹12,000–14,500 per quintal in the final sessions before the break (quality, moisture, and local charges drive spreads).
- Bag math: a 40-kg bag at those levels works out to roughly ₹480–₹580 per bag before hamali/commission/cess.
Why supply felt tight
- Festival calendar: Fewer trading days and shortened sessions compressed weekly receipts.
- Weather timing: Late showers in parts of Andhra Pradesh/Telangana/Karnataka delayed picking and drying by ~5–15 days in some pockets, limiting fresh movement and raising moisture-risk on lower-grade lots.
- Seller behavior: Some growers and traders held stock into the holiday window, eyeing post-festival demand and export interest before releasing volume.
Demand & exports
- Export pull into Q4 remained constructive: India’s dry red chilli shipments in FY 2024–25 were up by roughly mid-teens to ~20% YoY in volume terms, though value trends varied by grade and price mix.
- Domestic offtake was steady for foodservice and packaged foods, with processors prioritizing consistent color/heat over spot bargains.
Short-term outlook (early October)
- Expect a post-holiday catch-up in yard receipts after Oct 5. If rains linger or moisture stays elevated, the tone should remain firm-to-steady, particularly for clean, well-dried lots of popular heat/color profiles.
References
- Mundus Agri. (2025, October 2). Spice market update: Limited arrivals on the chilli markets.
- Guntur Mirchi Market Committee. (2025, Sep–Oct). Daily arrivals, farmer price board, and Dussehra holiday notices.
- Bombay Stock Exchange / National Stock Exchange. (2025, October 2). Market holiday circulars (Gandhi Jayanti).
- India Meteorological Department. (2025, late September). Southwest monsoon wrap for Andhra Pradesh and Telangana.
- Directorate General of Commercial Intelligence & Statistics (DGCIS). (2025). India’s dry red chilli export statistics, FY 2024–25.