Nuts

Peanuts: peanut oil in high demand

January 30, 2023 at 12:23 PM , Der AUDITOR
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NEW DELHI. The shortage of sesame oil is making many buyers in India and overseas switch to peanut oil as a popular alternative. The higher demand is also causing prices to rise. There is good news regarding import duties.

Import duty to be lifted

There have been some interesting developments in the Indian peanut market in recent months. For one, Gujarat is no longer the largest peanut producer in the country, as it was before, but has been replaced by Uttar Pradesh. The late arrival of the TJ variety in the markets, which is primarily grown in the southern Indian states of Tamil Nadu, Karnataka and Telangana, caused a stir. Traders are very eager to source high quality goods here as soon as possible, and buying interest is increasing exponentially. Particularly good news for Indian m

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