Nuts

Peanuts: traders are unsettled

August 21, 2023 at 2:41 PM , Der AUDITOR
Play report as audio

NEW DELHI. Prices on the Indian peanut market have again fallen slightly. Traders are now uncertain about further developments and whether it is wise to stock up on goods at this point; opinions are divided here.

Indian crop comes more into focus

As last week, prices on the Indian peanut market fell slightly again this time. Traders are now hesitating whether to stock up or wait and see, and opinions are divided here. On the one hand, the crop in Argentina was poor this year due to the weather, and crop damage has also been reported from Tanzania. This should draw more attention to the Indian crop. Meanwhile, Brazilian exporters are struggling with high levels of aflatoxins, which are making shipments to the EU more difficult. The crop from Mozambique has also already been s

Categories:

View related articles

Go to the News Overview
Oilseeds
Jun 25, 2024
CHRUDIM. Favourable weather conditions and large acreages should enable a significantly larger blue poppy seed crop in the Czech Republic than last year. The winter crop will also be available on the market in a few weeks.
Oilseeds
Jun 25, 2024
DALIAN. The extremely high freight rates are making life difficult for Chinese suppliers, especially when it comes to concluding long-term contracts. Demand for shine skins is unusually high for this time of year.
Nuts
Jun 25, 2024
REUS/SACRAMENTO. Supplies will not be an issue for almonds in 2024/2025. The estimates presented at the International Nut and Dried Fruit Council (INC) Congress in May are upbeat. Things also look much better than anticipated in Spain.
Nuts
Jun 24, 2024
NEW DELHI/BUENOS AIRES. Upward trending edible oil markets and increased demand from the Middle East are keeping Indian peanut prices from declining too much. The situation in America is mixed.