Price: €11.00
Member Price: €0.00

Peanuts: uncertainty prevails in India

March 6, 2023 at 12:10 PM , Der AUDITOR
Play report as audio

NEW DELHI/ ATLANTA. Hesitation prevails in India and is slowing down trading as it is unclear if and in how far the government intends to intervene in the peanut market. Producers in South Amercia have to deal with totally different problems.

Subdued trading

Several things are impacting the market at present. A hike in the prices for peanut meal has, for instance, prompted processors to step up production. Exporting peanut oil to China is, however, difficult as suppliers and importers cannot agree on prices. A high degree of uncertainty, in addition, prevails as the government may restrict or perhaps even suspend peanut and peanut oil exports. Issue is that several organisations have called on the government to adopt stringent measures to regulate the prices for peanut oil. Traders and buyers are relucta

Categories:

View related articles

Go to the News Overview
Oilseeds
Jul 10, 2025
ASTANA. A recovery in crops and EU tariffs on Russian flaxseed imports have caused Kazakhstan's flaxseed exports to double. Around 74% of exports went to China and Belgium.
Oilseeds
Jul 10, 2025
NEW DELHI/BRASÍLIA. Growers in India were able to start Kharif sowing early. South Korea has published a new sesame seed tender. The crop in Brazil is of impressive quality.
Nuts
Jul 10, 2025
ORDU. A court ruling regarding Ferrero could lead to speculative buying on the Turkish hazelnut market. The Turkish statistics office has reduced its forecast for the coming hazelnut crop.
Nuts
Jul 9, 2025
MANILA. Although the coconut market continues to face considerable hurdles, prices for desiccated coconuts and coconut oil are proving surprisingly resilient. The Philippine government wants to support the industry.