Domestic News

You are here:Home - News - Domestic News

China Becomes Big Peanut Importer, Driving Rise of International Peanut Price

Pubtime:2016-07-04Author:Source: Hits:

Due to the improvement of health awareness of Chinese citizens, the peanut oil sells well continuously in the Chinese market, and the demand for high quality raw material peanuts is expanded therewith. China, as a traditional peanut exporter (the fourth in the world), is changing to big peanut importer. In the past three years, the peanut export volume in China is stably at 500,000t, while the import volume rapidly grows up to 250,000t from nothing.