login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

Peanut Prices Hold Steady Amidst Slowing Demand

16 Apr 2024 6:25 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

Ahmedabad, April 16 (Commoditiescontrol): Groundnut prices remained stable in Gujarat markets as a decline in arrivals at Gondal mandi was balanced by a good inflow at Rajkot. Millers show limited buying interest, which may signal future price drops if selling pressure increases.

Summer groundnut supplies have begun in Maharashtra, and the Surat-Vyara region of Gujarat anticipates arrivals within the next two weeks. New crop groundnuts from Saurashtra-North Gujarat are expected around May 15.

Today, approximately 11768 bags (35kg each) arrived in Gondal mandi. Average quality prices ranged from 1166-1306 rupees per 20kg, while top quality fetched 1216-1356 rupees. Rajkot mandi saw 22000 bags arrive, with average quality trading at 1100-1241 rupees and best quality at 1120-1345 rupees per 20kg.


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Market Commentary
DCE Oil Complex Evening Closing - 16 May 2024
DCE Daily Rates Update ( Time: 20:13 ) - 16 MAY 2024
COCONUT PRICES : 16 MAY 2024
Palm Oil Prices Slump on Rising Production and Stronger...
Firm trend observed in mustard complex on strong buying...
more
Top 5 News
ZCE Cotton And Yarn Evening Closing - 16 May 2024
DCE Oil Complex Evening Closing - 16 May 2024
Small Cardamom Prices Dip Slightly Amid Continued High ...
DCE Daily Rates Update ( Time: 20:13 ) - 16 MAY 2024
Stable Clove Prices Amid Higher Supply; Demand Supports...
Top 5 Special Reports
US soybean net sales for May 3-9 at 265,700 MT, down 38...
US cotton net export sales for May 3-9 at 156,500 RB, d...
Desi Moong (Jaipur) Counter-trend Decline / Next Suppo...
Rajkot Groundnut Oil Loose Counter-trend Rally / Next ...
Mustard Cake (Jaipur) Correction Underway / Next Suppo...
Copyright © CC Commodity Info Services LLP. All rights reserved.