Nuts

Peanuts: lower sowing for kharif crop

September 26, 2022 at 12:48 PM, Der AUDITOR
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NEW DELHI. With Indian farmers increasingly turning to more lucrative agricultural goods, the kharif sowing is lower this year. Prices continue their downward trend as the new crop arrives on the markets.

China buys more peanut oil from Brazil

The Indian peanut market is struggling to gain a foothold this season, and once again prices are down USD 15/mt from last week. China, considered the main importer of Indian peanut oil, is increasingly shifting its purchases to Brazil, which is hitting Indian exporters hard. They are now hoping that the Chinese crop will be so small due to the heat wave in the country that buyers will have to resort to Indian goods after all. However, according to reports from Indian market players, no major purchases have been made here so far

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