PMEX halts red chilli trade on quality, supply issues
Business
April 10, 2021
KARACHI: Online trade of Sindh’s red chilli remains halted at the Pakistan Mercantile Exchange (PMEX) due to a lack of interest among traders, as well as poor quality of the commodity and declining supplies, stakeholders said on Friday.
A progressive farmer from Kunri, Sindh and Red Chilli Growers Association’s representative Mian Saleem told The News that “we had to import 400 containers of chilli from Egypt for our consumption last year. Previously, we used to export”.
Online trade of chilli stopped two years back “as quality of Sindh’s chilli deteriorated because of an unknown virus” and they were unable to meet demand. The virus attacked premium quality chilli in Sindh, which affected supplies.