Although
China is the largest peanut production country in China, its import demand is
increasing. The predicted peanut import volume of China in 2015/2016 is
100,000ton larger, totally 380,000t, due to increase of consumption. The import
volume in 2016/2017 will increase 130,000t, totally 4 million ton. The peanut
consumption in China in 2016/2017 may increase nearly 3%, reaching 16.8 million
ton. Since the food level peanut consumption increases, the peanut oil demand
is increasing.