ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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At New Low

ments in prices aver the past two years will bring home this point. The movement of the groundnut crop is in full swing and with the continuing pressure of arrivals, prospects of any marked and sustained recovery in prices are generally discounted. But the scope for a further big fall in prices also seems limited as the season will soon have passed its peak and because of the likely resistance of growers to lower prices. Groundnut oil has already registered a substantial decline; it was quoted around Rs 4,600 a tonne in January 1967 and is now available around Rs 2,900.

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