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Peanuts: good prospects in Argentina

April 2, 2024 at 4:29 PM , Der AUDITOR
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NEW DELHI/BUENOS AIRES. The crop in Argentina is recovering surprisingly well from the previous drought. In Brazil, growers are facing challenges, while consumption of peanut oil is declining in India.

Chinese market recovers

According to market players, the Chinese peanut market has recently recovered, although the exact reasons for this are unclear. Demand is still subdued, but there are now signs of a supply shortage, which is exerting some pressure. Traders and sellers are now keeping a close eye on market dynamics in order to assess future price trends.

Peanut oil consumption declines in India

In India, households in Gujarat have seen an 8% decline in edible oil consumption compared to the previous year; a similar pattern was

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