Nuts

Peanuts: vibrant market dynamics

December 4, 2023 at 3:24 PM , Der AUDITOR
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NEW DELHI/AUSTIN. In India, arrivals of the new crop after the Diwali festival have not picked up to the extent hoped for, and the new Kharif crop is also struggling with challenges. In Texas, there were harvest delays and extremely high prices.

Significantly lower arrivals

Prices on the Indian peanut market are stagnating and even falling slightly, but this is by no means an indication that trade is at a standstill. On the contrary, the market is currently very lively, as local market players report. Traders had held back as everyone had expected the market to be flooded with huge arrivals of the new crop after the Diwali festival. However, this has not materialised; on the contrary, the inflow of new goods has slowed down. If one looks at the situation year-on-year, this time last year there were about fo

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