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On Thrusday,Rajkot groundnut bold average prices traded at INR 6,597/Qtl.
Published on: Mar 10 2023, 06:36
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On Thrusday,Rajkot groundnut bold average prices traded at INR 6,597/Qtl. In upcomingdays,Groundnutaverage prices islikelytotraderange bound intherangeofINR 6,200-7,200/Qtl. GN seed prices has corrected in last few days in tandem with groundnut oil prices.
GN Oil prices retreated from all time high price of Rs 1750 to Rs 1650/10Kg at benchmark Rajkot market as domestic demand slackened off amid higher premium of GN oil over competing oils. Demand substitution is also witnessed in Gujarat from GN oil to cheaper oils like corn oil and cotton seed oil.
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