On this page you will find today's latest Groundnut price in Bhavani Mandi of Erode district, Tamil Nadu. Check whether Groundnut price in Bhavani was up or down recently with detailed analytics below.
| Commodity | Groundnut |
| Average Price | ₹7,500 per quintal |
| Minimum Price | ₹6,500 / quintal |
| Maximum Price | ₹8,000 / quintal |
| Retail Estimate | ₹65.00–80.00 / kg |
According to latest info, the average price of Groundnut in Bhavani Mandi is ₹7,500 /quintal. The minimum price observed was ₹6,500 /quintal and the maximum price recorded was ₹8,000 /quintal. You can expect a retail price of around ₹65.00 - ₹80.00 per kg in the local market.
This data was last updated on 24 March 2023.
| Date | Commodity | Variety/Grade | Min Price | Max Price | Modal Price | Change |
|---|---|---|---|---|---|---|
| 24/03/2023 | Groundnut | Balli/HabbuFAQ | ₹6,500 | ₹8,000 | ₹7,500 | — |
Notes*
Visit Mandi Bhav India for prices of other commodities in Bhavani mandi.
3-year seasonal index (100 = annual average)
3 years of mandi records for Bhavani show Groundnut prices under pressure in December (up to 73% below average) and climbing to about 15% above average by June. This seasonal cycle tracks the arrival (supply) pattern.
Record monthly average (high)
₹9,500/quintal
June 2022
Highest single-day price
₹10,000/quintal
November 2022 · Bhavani
Record monthly average (low)
₹2,250/quintal
December 2022
In records going back to 2021, the highest monthly average for Groundnut in Bhavani was ₹9,500/quintal in June 2022, while the weakest month on record is December 2022 (₹2,250/quintal).