Groundnut price down in Gondal on sluggish demand

Prices of groundnut were down in Gondal because of sluggish demand from oil millers. A 31.8% decline in the exports of the groundnut seed during Apr-Feb is also seen creating bearish sentiments. Exports of groundnut in Apr-Feb was at 449,190 tn as compared to 658,168 tn in the corresponding period last year.