December 1st, 2019: At the moment, the export demand does seem receded due to higher prices, lack of quality chillies and the wait for new crop; but the requirement will pick up once quality arrivals start. Particularly MP will see good quality arrivals by Dec 15th.

Based on how things are going now, we are estimating very good crop next year, though the sowing may be relatively low, the yield will be good and we believe quality chilli arrivals would continue to stay high even in April & May months.

As cold storages are almost empty in all the chilli producing states, we will see early entry of stockists and even big farmers will not sell their goods. It is better to plan the purchases as soon as good arrivals are in (estimated during Jan-Feb timeframe) as the prices are possibly going to stay in the range of 100 to 120 per kg initially and may not go down much. On the other hand, if the rates seem to go down this estimated range, farmers would not be willing to sell and they will divert their goods to cold storages as there is every possibility that the prices would increase by Apr-May timeframe. 

For information on Crop Report, Market Report & Market Rates below: 
2019-20 Red Chilli Crop Report from India.
Red Chilli Market Report.
Red Chilli Agri Market - Daily Rates from India.