Nuts

Peanuts: Senegal enters the scene

December 18, 2023 at 11:14 AM , Der AUDITOR
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NEW DELHI/DAKAR. In India, the government is buying more peanuts from farmers, while prices on the free market continue to fall. In the West African country of Senegal, market players are quite optimistic.

Chinese purchases remain decisive

The price declines on the Indian peanut market are continuing this week. Market players report that traders are currently losing out as most transactions are taking place directly between farmers and stockists, meaning that arrivals are also declining. Small farmers in particular are engaging in these direct transactions, as they often do not have the possibility to store their goods for a longer period of time and need the cash for seed purchases. In Gujarat, an important peanut-growing state, there was unfavourable rainfall, which

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