Peanuts: Sudan competes with India

September 19, 2022 at 12:50 PM , Der AUDITOR
Play report as audio

NEW DELHI. Due to high yields and the fact that Chinese buyers do not pay import duties on Sudanese goods, Indian traders see Sudan as their biggest competitor this season. In India, peanuts from the new crop are increasingly arriving on the markets, but are still spurned by buyers.

Sudan at an advantage

The Indian peanut market has been fluctuating between stagnation and downward movements in the last few days, but there have been no really big price drops. On the international market, Indian traders see Sudan as the biggest competitor this season; total production in the African country is expected to reach 1.3 million mt and market players reckon that China will be increasingly interested in Sudanese rather than Indian goods. The reason for this is that shipments from Sudan to China are not subject to import duties. For peanut oil, however,


View related articles

Go to the News Overview
May 26, 2023
ORDU. While Turkey is still in a mode of suspension, controversy has broken loose over the production estimates for hazelnuts in Spain presented at the Nut and Dried Fruit Council Congress in London.
May 25, 2023
CANBERRA/MADRID. Australia started the new export season with record figures. Meanwhile, associations and companies from Spain and Portugal have joined forces to establish the "Iberian Almond" more firmly in the Western European market.
May 25, 2023
NEW DELHI. Indian exporters were able to secure the bulk of the current sesame seed tender. Market players, however, do not expect a trend reversal in the price development.
May 24, 2023
ATLANTA. Demand for US pecans is so high that farmers are expanding their acreage as best they can. However, as they face various hurdles in doing so, supply remains tight.