# Difference of Rs 100 in the price of cottonseed and Groundnut oil, farmers will increase cotton cultivation - All Gujarat News

> Gujarat cotton prices have risen to about Rs 1,500 and cottonseed oil has become more expensive, narrowing the gap with groundnut oil to about Rs 100. Farmers are expected to plant more cotton this year, with early sowing projected to reach 27 lakh hectares versus 25.53 lakh last year.

- Date: 2021-06-19 · published 2021-06-19T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/46694-difference-of-rs-100-in-the-price-of-cottonseed-and-groundnut-oil-farmers-will
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

Expected higher cotton acreage in India would increase cottonseed supply for crushing, while the higher cotton price supports cottonseed and cottonseed meal values.

## Read by commodity

- CSM: neutral

## Sources

- allgujaratnews.in: https://allgujaratnews.in/en/cottonseed-and-groundnut-oil/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.
