📷 Image: Wikimedia Commons / Mahmadanesh
Agriculture
Gujarat Groundnut Oil Prices Surge to Rs 3,050 Ahead of Diwali
✍️ urbanacres.in
🗓 01 Nov 2026, 05:37 PM
👁 26
Groundnut oil prices in Gujarat have climbed to ₹3,050 per 25 kg, marking a significant rise as the festival season approaches.
Groundnut oil, a staple cooking ingredient across India, has seen its price in Gujarat rise sharply to ₹3,050 per 25‑kilogram pack as the Diwali celebrations loom.
The hike comes amid a tightening supply chain, with several key producing districts reporting lower yields due to erratic monsoon patterns. Traders also cite increased demand from households preparing for the festive season, which traditionally sees a spike in oil consumption.
For consumers, the price jump translates to higher household expenditures, especially in rural markets where groundnut oil remains a preferred choice over refined alternatives. Local traders warn that the upward trend could persist if supply constraints are not eased.
Analysts predict that if the monsoon continues to be unpredictable, prices may remain volatile. However, a potential influx of stock from neighboring states could moderate the surge in the coming weeks.
The hike comes amid a tightening supply chain, with several key producing districts reporting lower yields due to erratic monsoon patterns. Traders also cite increased demand from households preparing for the festive season, which traditionally sees a spike in oil consumption.
For consumers, the price jump translates to higher household expenditures, especially in rural markets where groundnut oil remains a preferred choice over refined alternatives. Local traders warn that the upward trend could persist if supply constraints are not eased.
Analysts predict that if the monsoon continues to be unpredictable, prices may remain volatile. However, a potential influx of stock from neighboring states could moderate the surge in the coming weeks.