Price: €11.00
Member Price: €0.00

Peanuts: the market is in waiting mode

June 2, 2021 at 12:52 PM , Der AUDITOR
Play report as audio

ATLANTA/BUENOS AIRES. Many buyers, especially in the EU, are currently holding back on new purchases. This is due to high stocks and market players waiting for the crops from Argentina and Brazil.

Little buying interest

Market players in the peanut market have currently adopted a wait-and-see attitude. There are relatively few enquiries, especially from the EU, which is mainly due to the fact that there are still sufficient stocks. Last year, many traders had stocked up with above-average supplies, fearing that the pandemic could lead to new restrictions and supply disruptions. Since this worst-case scenario did not materialise, there are still sufficient peanuts available in Europe from the 2019 and 2020 crops. However, if buyers are looking for go

Categories:

View related articles

Go to the News Overview
Oilseeds
Jul 10, 2025
ASTANA. A recovery in crops and EU tariffs on Russian flaxseed imports have caused Kazakhstan's flaxseed exports to double. Around 74% of exports went to China and Belgium.
Oilseeds
Jul 10, 2025
NEW DELHI/BRASÍLIA. Growers in India were able to start Kharif sowing early. South Korea has published a new sesame seed tender. The crop in Brazil is of impressive quality.
Nuts
Jul 10, 2025
ORDU. A court ruling regarding Ferrero could lead to speculative buying on the Turkish hazelnut market. The Turkish statistics office has reduced its forecast for the coming hazelnut crop.
Nuts
Jul 9, 2025
MANILA. Although the coconut market continues to face considerable hurdles, prices for desiccated coconuts and coconut oil are proving surprisingly resilient. The Philippine government wants to support the industry.