Price: €11.00
Member Price: €0.00

Peanuts: Uttar Pradesh wins the race

May 2, 2023 at 2:45 PM , Der AUDITOR
Play report as audio

NEW DELHI. In the Indian state of Uttar Pradesh, peanut production is expected to increase by up to 50% this year, while other growing states are expected to see significant declines. Some growers are also struggling with cash problems.

Slight price declines

After peanut prices on the Indian market held steady last week, there have now been slight declines of USD 15/mt. Market players cite China's drop in demand for Indian peanut oil as the main reason for this. It is suspected that there were some quality problems here, but this will only be confirmed for sure or proven wrong in the coming days. Peanut oil supplies, which should have fetched USD 2,000-2,030/mt, may now fall to USD 1,880-1,900/mt.

Growers prefer other products

In India, the state of Uttar Pradesh wi

Categories:

View related articles

Go to the News Overview
Oilseeds
Jul 15, 2025
DALIAN. While there is disagreement about the size of the acreage for Shine Skins, the Lady Nails variety is becoming increasingly popular, which is also reflected in planting figures. GWS kernels and Snow Whites are proving to be more stable.
Nuts
Jul 14, 2025
NEW DELHI. Although prices on the Indian peanut market have declined again, traders are optimistic that this could soon change. Several factors point to price increases in the near future.
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.