Loading…
Gujarat groundnut oil reached a record Rs 3,050 per 15 kg tin ahead of Diwali, with the latest rise at Rs 30. Cottonseed oil eased by about Rs 20 per tin and palm oil fell by Rs 15.
Gujarat's groundnut crop is estimated at about 50.33 lakh tonnes despite a partly weak monsoon.
Seasonal festival demand is lifting groundnut oil prices while palm oil softens, a sign of uneven demand across edible oils. The effect on feed-oriented commodities is limited.
urbanacres.inMaria DsouzaNov 1, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
