Nutmeg price today ▲ +42.9% /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 20 Sep 2026.
The modal (most common) wholesale price of Nutmeg in India is about ₹36,396 per quintal (about ₹364/kg) as of 20 Sep 2026, ranging from ₹22,800 to ₹90,000 across 5 markets in 2 states. Prices are up about 42.9% over the past 30 days.
Thodupuzha, Kerala at ₹23,000/qtl
Kattappana, Kerala at ₹75,000/qtl
A buyer can save up to ₹52,000/qtl (about 226%) by sourcing from the cheapest mandi.
Nutmeg price trend (last 20 reporting days)
Nutmeg price analysis
Over the last 30 days the modal price of Nutmeg has risen about 42.9% (from ₹35,000 to ₹50,000 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 | ₹61,367 | 20 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 |