On Thursday, Groundnut bold average prices at Bikaner remained weak at INR 5,700/Qtl
Groundnut (Peanut)
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· Today, Groundnut bold average prices at Bikaner remained weak at INR 5,700/Qtl. as compared to previous day amid improved demand.
· Groundnut prices at Bikaner remained in the range of 5,500-5,900 for the day.
· Over the past month, prices have declined by 3%, over the last three months down by 4%. Additionally, prices have decreased by 12% over the past six months, while showing loss of 10% in the last year.
· Currently, groundnut is trading with weak bias amid subdued demand from crushers on disparity.