Groundnut Price Today in India - मूँगफली का आज का भाव
The current wholesale (modal) price of Groundnut (मूँगफली) in India is ₹7,000 per quintal, down ₹50 from yesterday. Prices today range from a minimum of ₹5,750 to a maximum of ₹8,000 per quintal depending on the mandi, grade and quality of produce. The state-wise Groundnut rate table above is updated daily, and the LIVE arrivals section shows real Agmarknet transactions where available.
Groundnut is grown mainly in Gujarat, Rajasthan, Andhra Pradesh, Tamil Nadu, Karnataka. It is a oilseed crop with a Kharif (Sow: Jun-Jul, Harvest: Oct-Nov) season - Kharif (Sow: Jun-Jul, Harvest: Oct-Nov).
Groundnut is India's largest oilseed by area and Gujarat produces the world-famous 'Saurashtra Bold' groundnut, which commands premium prices in the export confectionery market. India exports 5-7 lakh tonnes annually, primarily to Indonesia, Vietnam and Malaysia, earning over ₹8,000 crore in foreign exchange.
Groundnut MSP Kharif 2026-27 - ₹7,517/Quintal
The Minimum Support Price (MSP) for Groundnut is ₹7,517 per quintal for Kharif 2026-27, announced by the Government of India on the recommendation of the Commission for Agricultural Costs and Prices (CACP). MSP is the floor price - government procurement agencies are obligated to buy at this rate, so you should never sell your groundnut below ₹7,517/quintal. Today's market price of ₹7,000 is below MSP - consider selling to a government procurement centre at ₹7,517 instead of the open market. See the full Groundnut MSP tracker with the year-on-year change and free alerts.
Why Groundnut Prices Change
- Seasonal arrivals: Prices fall when fresh harvest floods the mandi (peak arrival) and recover in the off-season. Knowing the groundnut harvest window helps you time sales.
- Weather: Drought, floods, frost or unseasonal rain damage the crop and cut supply, pushing prices up; a bumper harvest pushes them down.
- Government policy: MSP sets a price floor; export bans/permissions, buffer-stock release and import duty all move prices.
- Demand: Festivals, processing-industry demand and export orders raise prices.
- Grade & quality: Clean, dry, well-graded produce always fetches a premium over mixed lots.
How to Get the Best Price for Your Groundnut
- Compare mandis: Check the state-wise rates above and visit 2-3 nearby mandis before selling - same-day rates can differ ₹100-500/quintal.
- Grade and clean your groundnut - graded produce fetches 15-20% higher bids.
- Time the market: Avoid selling at peak-arrival when prices bottom out. Use a warehouse and a Kisan Credit Card loan to store and sell in the lean season.
- Use government procurement at MSP (₹7,517) if the market price falls below it.
Popular Groundnut Varieties in India
- GG-20 (Gujarat Bold - export grade)
- TAG-24 (Andhra Pradesh)
- TG-37A (ICRISAT improved)
- JL-24 (Maharashtra)
- VRI-8 (Tamil Nadu)
Groundnut Uses & End Markets
- Groundnut oil - major cooking oil in Gujarat and South India
- Roasted groundnuts - domestic snack market
- Groundnut butter (peanut butter) export
- Groundnut cake for cattle and poultry feed
- Confectionery ingredient (sweets, chikki)
Grow Better Groundnut - Inputs & Guidance
Higher quality means a higher price. For the best groundnut crop: choose a high-yield Groundnut seed variety, base fertilizer on a soil health card, follow the right pest-control schedule, and irrigate efficiently with a subsidised drip system. See the crop calendar for the ideal sowing window.