Nutmeg price today ▲ +130.5% /30d
Live variety-wise mandi (wholesale) price of Nutmeg across Indian APMC markets — minimum, maximum and modal rates per quintal, updated daily from Government of India (Agmarknet) data. Last updated 9 Sep 2026.
The modal (most common) wholesale price of Nutmeg in India is about ₹35,777 per quintal (about ₹358/kg) as of 9 Sep 2026, ranging from ₹22,800 to ₹90,000 across 5 markets in 2 states. Prices are up about 130.5% over the past 30 days.
Thodupuzha, Kerala at ₹23,000/qtl
Thodupuzha Market, Keralam at ₹90,000/qtl
A buyer can save up to ₹67,000/qtl (about 291%) by sourcing from the cheapest mandi.
Nutmeg price trend (last 19 reporting days)
Nutmeg price analysis
Over the last 30 days the modal price of Nutmeg has risen about 130.5% (from ₹39,050 to ₹90,000 per quintal). Rates are compiled from 5 mandis across 2 states. The gap between the minimum (₹22,800) and maximum (₹90,000) reflects differences in variety, grade and local demand across mandis.
Nutmeg price by state
Top markets for Nutmeg
| Market | State | Modal | Updated |
|---|---|---|---|
| Thodupuzha Market | Keralam | ₹67,050 | 9 Sep 2026 |
| Kattappana Market | Keralam | ₹34,125 | 21 Aug 2026 |
| Kattappana | Kerala | ₹37,000 | 29 Mar 2025 |
| Thodupuzha | Kerala | ₹25,500 | 25 Mar 2025 |
| Thrissur | Kerala | ₹28,000 | 20 Mar 2025 |