Price: €11.00
Member Price: €0.00

Peanuts: Indian suppliers benefit from US tariffs

March 10, 2025 at 11:59 AM , Der AUDITOR
Play report as audio

NEW DELHI/BUENOS AIRES. The price trend in India is proving complicated as there are too many factors at play. The quality of the Argentinian crop is excellent, while Chinese shipping companies want to increase freight costs.

Prices could stabilise in the longer term

Indian peanut prices have risen slightly compared to last week, but this is still no reason for suppliers to celebrate. Demand from China and Indonesia has picked up slightly, but is still far from the hoped-for volume. As production in India's southern growing states is expected to be lower this year, this should also stabilise domestic demand somewhat. The price trend will nevertheless be complicated, as the National Agricultural Cooperative Marketing Federation of India Ltd (NAFED) has purchased a total of 1.3 million mt

Categories:

View related articles

Go to the News Overview
Nuts
Apr 29, 2025
SACRAMENTO. Land IQ has issued a rather upbeat initial acreage estimate for California’s 2025 almond crop. Growers are, however, voicing concerns.
Nuts
Apr 28, 2025
HANOI. Despite the import taxes on Vietnamese cashews, the USA remains the most important buyer, accounting for 22.7% of total exports. Vinacas reckons that this will remain the case in 2025.
Nuts
Apr 28, 2025
TORREÓN/REUS. Imports from Mexico may be exempt from Trump’s tariffs but US exporters are losing out in China. Demand is high. South Africa is gaining market shares.
Grains
Apr 25, 2025
BRUSSELS. Rain has improved conditions for wheat. Ukraine’s corn exports have slumped by 20%. US soybeans are holding up surprisingly well. With the euro hitting a three-and-a-half-year high against the US dollar rapeseed quotations have tumbled.