Rajkot Groundnut Market Sees Slight Dip Amidst Stable Groundnut Oil Prices

Groundnut (Peanut)

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During the reviewed week, the weekly average prices of groundnut in Rajkot experienced a marginal decline of 0.7%, settling at INR 6,091 per quintal, with a range between 6,025 and 6,175, all amidst stable groundnut oil prices. Over the preceding month, groundnut prices saw a minor decrease of 1%, while over the last three months, they showed a modest increase of 1%. Looking further back, prices have witnessed a 3% decrease over the past six months, and over the span of the last year, they incurred a loss of 7%. Additionally, the average prices of groundnut oil in Rajkot remained steady at INR 1458 per 10 kilograms.