Nuts

Peanuts: quality is the issue

July 8, 2024 at 4:15 PM , Der AUDITOR
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NEW DELHI/BRASÍLIA. Argentina's peanut crop is of good quality this year – the situation is different in Brazil, and the moisture content is still too high in India. China is buying significantly less than last year.

Weather plays the decisive role

The Indian peanut market has been quite turbulent over the past few weeks, but now a certain calm seems to be returning. Arrivals from important growing states such as Uttar Pradesh are decreasing and the high moisture content is still deterring many buyers. Although there is a slight upward trend in commodity prices, export prices are holding steady at last week's levels. Buying interest in China is weaker than usual around this time and Indian farmers seem more inclined than in recent years to sell their produce to the government at

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