On this page you will find today's latest Groundnut price in Gangavalli Mandi of Salem district, Tamil Nadu. Check whether Groundnut price in Gangavalli was up or down recently with detailed analytics below.
| Commodity | Groundnut |
| Average Price | ₹7,323 per quintal |
| Minimum Price | ₹4,300 / quintal |
| Maximum Price | ₹9,400 / quintal |
| Retail Estimate | ₹43.00–94.00 / kg |
According to latest info, the average price of Groundnut in Gangavalli Mandi is ₹7,323 /quintal. The minimum price observed was ₹4,300 /quintal and the maximum price recorded was ₹9,400 /quintal. You can expect a retail price of around ₹43.00 - ₹94.00 per kg in the local market.
This data was last updated on 9 May 2024.
| Date | Commodity | Variety/Grade | Min Price | Max Price | Modal Price | Change |
|---|---|---|---|---|---|---|
| 09/05/2024 | Groundnut | OtherFAQ | ₹6,310 | ₹7,080 | ₹6,740 | — |
| 01/10/2022 | Groundnut | Bold KernelFAQ | ₹9,100 | ₹9,400 | ₹9,250 | — |
| 07/01/2021 | Groundnut | Groundnut seedFAQ | ₹8,800 | ₹9,000 | ₹8,900 | — |
| 26/12/2018 | Groundnut | HybridFAQ | ₹4,300 | ₹4,500 | ₹4,400 | — |
Notes*
Visit Mandi Bhav India for prices of other commodities in Gangavalli mandi.
5-year seasonal index (100 = annual average)
5 years of mandi records for Gangavalli show Groundnut prices under pressure in November (up to 18% below average) and climbing to about 18% above average by May. This seasonal cycle tracks the arrival (supply) pattern.
Record monthly average (high)
₹9,400/quintal
August 2021
Highest single-day price
₹9,500/quintal
July 2021 · Gangavalli
Record monthly average (low)
₹4,400/quintal
November 2018
In records going back to 2018, the highest monthly average for Groundnut in Gangavalli was ₹9,400/quintal in August 2021, while the weakest month on record is November 2018 (₹4,400/quintal).
Same-month comparison across years (monthly average, ₹/quintal)
| Year | Avg Price | YoY Change |
|---|---|---|
| July 2023 | ₹6,960 | ▼ 24.2% |
| July 2022 | ₹9,179 | ▼ 1.8% |
| July 2021 | ₹9,350 | — |