Green chili prices triple in Navi Mumbai market

Green chili prices have surged significantly, with wholesale rates now between ₹45-75 per kg, up from ₹20-30 last week. Retail prices have also jumped to ₹125-160 per kg, reflecting a sharp increase in demand and reduced supply. The price hike is attributed to low arrivals and high temperatures affecting quality. Wholesalers report a 40% drop in stock due to production issues and spoilage during transport. Retailers are raising prices to cover losses from perishing stock. Despite the increase, demand remains steady as green chili is a staple in Indian cooking.