Fundamental information on CHILI-Steady

Todays spot arrivals are around 15,000 to 20,000 bags and the price quoted for NCDEX quality
is around Rs.8000 85000 Per Qtl.

Export demand from Pakistan has receded and is expected to resume in the next month.

Total stock around Guntur is around 20 lakh bags. New crop comes to market only after three
months.

Chilli farmers around Guntur are worried about recent dry spells in this region.

Margin 5% on LTP.

Chilli prices extended the choppy trend due to lack of spot market news. Futures traded down during the day on
extended losses. However, later on short covering supported the prices to recover and futures ended the day in
green with marginal gains

Today Arrivals At Guntur- APMC,15000/bags of 40/kgs

of LCA334 variety which is traded on NCDEX Futures platform is 8000-8500/qtl.

Re: Fundamental information on CHILI-Sideways

FUNDAMENTAL FACTORS & PRICE DRIVERS

Todays spot arrivals are around 60,000 70,000 bags and the price quoted for NCDEX quality
is around Rs.7800 8400 Per Qtl.

Due to heavy arrivals prices have come down since two days.

Good rains in chilli growing regions around Guntur cleared the apprehensions about new crop
yield.

The Total stock around Guntur region is expected to be around 18 lakh bags. New crop is
expected to come only after three months.

MP crop started hitting the market; this may impact the demand at Guntur in the coming days.

Rains in chilli growing regions around Guntur have improved the next crop prospects