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Peanuts: Brazil benefits

March 31, 2025 at 4:50 PM , Der AUDITOR
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NEW DELHI/BRASÍLIA. Due to supply difficulties from Sudan and a renewed trade war with the USA, Brazil could become the most important source of supply for Chinese buyers. Prices in India remain volatile.

Fake news causes uncertainty

The Indian peanut market was thrown into turmoil last week after a false report was circulated. According to the report, the Gujarat state government, which sells its peanuts on a tender basis, wanted to accept offers of USD 52.5-59.0 per quintal; according to the latest information from market experts, this is not the case. However, the uncertainty has temporarily paralysed trade. Traders are now demanding that the government announce a minimum price for their tenders so that the market and trade are not affected by low prices and arbit

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