Feb Market Watch: New Generation Chili Prices Rise, SE Asia Demand Surges
As of February 3, 2026, latest origin data shows that while the general dry chili market remains stable, the price index for the "New Generation Chili" variety has bucked the trend, rising by 1.20% due to its unique heat and aroma. As post-holiday inventories deplete, the bargaining power for premium stock is strengthening.
Trade data indicates a significant increase in inquiries from food processors in Thailand and Malaysia. The market focus is on high-quality Red Dragon and New Generation chilies with ASTA Color Values of 100+. Leveraging stable color-sorting technology, Changfeng Maonong consistently supplies export-grade raw materials with vibrant color and standard heat levels, perfectly meeting the demands of the high-end condiment market in Southeast Asia.
Given the stable exchange rate (USD/CNY ≈ 6.95) and a correction in ocean freight rates, now is the optimal time to lock in Q1 orders. We advise overseas buyers to confirm orders early to hedge against potential future increases in raw material costs.
To get today's latest FOB prices for New Generation and Red Dragon Chili, contact our sales team immediately.