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Domestic Peanut Price in June Fluctuates

Pubtime:2017-07-03Author:Source: Hits:

In the middle of June, the domestic peanut market maintains a stable state. In some regions, price of some varieties fluctuated and dropped slightly. Quotations in various places are inconsistent. Currently, market demand is still not promising in each place. However, since domestic overall marketing situations for peanut oil and dregs remain unchanged, many oil factories stop purchasing.

Recently, imported peanuts arrive successively, impacting domestic peanut market to certain degree. Meanwhile, since continuous high temperature in recent days, it is more difficult to store peanuts. Middlemen are hesitating about sales, and market price is not supported. It is more possible for the entire market situation to keep weaker.