Groundnut Prices Fluctuate: Rajkot Mandi Sees 2.2% Drop
Groundnut (Peanut)
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In today's market update, groundnut prices at the Rajkot mandi experienced a notable decline, dropping by 2.2% to INR 6,025 per quintal. The price range remained steady between INR 5,500 and INR 6,550 per quintal.
Over the past month, groundnut prices have decreased by 2.82%. Looking at a three-month span, prices have dipped by 1.03%. However, there has been a slight uptick of 0.92% over the last six months. Contrastingly, prices have seen a significant decrease of 11.95% over the past year.
Currently, groundnut trading reflects a weak bias, largely influenced by subdued demand from crushers due to market disparities.