Price: €11.00
Member Price: €0.00

Peanuts: trade faces hurdles

December 5, 2022 at 3:03 PM , Der AUDITOR
Play report as audio

NEW DELHI/ATLANTA. Last week, several factors came together to dampen trade in the Indian peanut market. In the US, the USDA is still sticking to its high crop estimates.

Elections bring trade to a standstill

After recent price increases, the peanut market saw slight declines again last week. Elections were held in the Indian state of Gujarat, the most important trading centre for peanuts, which brought the main markets to an almost complete standstill for two days. In addition, according to a government regulation, citizens were only allowed to carry 50,000 rupees in cash during this period, which further slowed down trade. The fact that the prices for sunflower oil are significantly lower than those for peanut oil further slows the

Categories:

View related articles

Go to the News Overview
Oilseeds
Apr 17, 2025
NEW DELHI/MAPUTO. While the Indian sesame seed market is struggling with cash problems, farmers in Mozambique have had a promising start to the season. Brazil wants to expand its trade with China.
Nuts
Apr 17, 2025
SACRAMENTO. Exports of US walnuts remain in decline this season. One of the reasons for this is the drop in production of around 27%.
Oilseeds
Apr 16, 2025
SOFIA/KYIV. The sunflower seed market is largely quiet. Sowing is underway in the European growing countries. High prices are slowing down trading activity.
Nuts
Apr 16, 2025
ORDU. While the frost damage in the Turkish growing regions is being evaluated, exporters are not submitting any offers and no deals are being concluded. Exports were correspondingly low last week.