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Nutmeg Price Today in India

Jaiphal · Jathikai · ജാതിക്ക · Jathikka

Nutmeg is trading at ₹640 per kg in India (as of 23 Jun 2026) — a reference wholesale rate. See the live rate, price history and market comparison below.

Indicative +37.6%

₹640 /kg

Updated 23 Jun 2026 · confidence 40

Previous

Day change

7-day

30-day

52-wk high

52-wk low

52-wk avg

Volatility

Price history

Market-wise prices

Market data will appear here.

Source transparency

Source breakdown will appear here.

What the numbers say

Nutmeg is mostly traded through Kerala dealers rather than open mandis, so the rate is indicative and moves with the Kerala crop and global supply.

7-day outlook

An estimate will appear once enough history is collected.

Trend estimate only — not financial or trading advice.

Understanding the price

What affects the nutmeg price?

Nutmeg — jaiphal — is the seed of the Myristica fragrans tree, which also yields mace from the lacy red aril around the seed. Native to Indonesia’s Banda Islands, it is now grown commercially in Kerala (Thrissur and Ernakulam are the hubs) and parts of Karnataka and Tamil Nadu. Nutmeg is sold both in-shell and as the cleaned kernel.

Read the in-depth Nutmeg guide — history, uses & benefits

With shell vs without shell

Cleaned, shelled kernels trade well above in-shell nutmeg; sound, unbroken kernels fetch the top rate.

Global supply

Indonesia and Grenada are the largest producers; their output and the rupee shape Indian import-parity prices.

Kerala crop & weather

Monsoon performance and disease in the Thrissur belt swing the domestic crop.

Export & oleoresin demand

Demand for whole nutmeg, nutmeg oil and oleoresin from the food and flavour industry supports prices.

Major producing regions

Thrissur (Kerala)

India’s nutmeg capital — the largest producing district.

Ernakulam (Kerala)

A major nutmeg and mace belt.

Karnataka & Tamil Nadu

Smaller Ghats plantings.

Indonesia, Grenada (global)

The world’s leading nutmeg exporters.

Grades & varieties

  • Without shell (sound) — Cleaned, unbroken kernels — the premium grade.
  • With shell — Whole in-shell nutmeg — sold at a discount.
  • BWP / broken — Broken, wormy or punky kernels — the value end.

Market factors

Nutmeg is mostly traded through Kerala dealers rather than open mandis, so the rate is indicative and moves with the Kerala crop and global supply.

Export relevance

India exports whole nutmeg, nutmeg oil and oleoresin. Indonesian and Grenadan supply set the world benchmark that Indian prices follow.

Seasonal trends

The main Kerala harvest runs June to August. Prices often firm in the lean pre-harvest months and ease as fresh nutmeg arrives.

Common questions

Nutmeg price — FAQ

Quick answers on how the nutmeg rate is sourced, why it moves, and how it differs from AroWest retail packs.

Still have questions? Talk to us
What is the price of Nutmeg in India today?

Nutmeg is trading at ₹640 per kg in India as of 23 Jun 2026 — a reference wholesale rate aggregated from authorised public sources and normalized to ₹/kg. Indicative, for reference only — not an AroWest retail price.

What is the nutmeg price today in India?

The figure above is an indicative wholesale rate per kilogram for cleaned (without-shell) nutmeg. In-shell nutmeg trades lower.

Why is without-shell nutmeg costlier?

Removing the shell adds processing and yields the usable kernel directly, so cleaned, sound kernels command a premium over in-shell lots.

Are nutmeg and mace from the same tree?

Yes — mace is the bright red lacy aril that wraps the nutmeg seed. One fruit yields both, which is why their prices often move together.

Is this AroWest's retail price for nutmeg?

No — it is an indicative wholesale rate for raw produce. AroWest retail nutmeg is cleaned, graded and sealed, and priced separately in the shop.

Related spice prices

Prices are aggregated from authorised public sources and shown for general information and reference only — indicative wholesale rates for raw produce, possibly delayed or approximate, not guaranteed, not financial advice and not AroWest retail prices. Not licensed for redistribution, resale or automated/AI-training use. © Western Crest Ventures LLP.

Buy clean, graded nutmeg from the source.

AroWest retail packs are hand-cleaned, graded & sealed — priced separately from these raw wholesale rates.

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