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Peanut Price Is Difficult to Rise or Fall

Pubtime:2017-07-17Author:Source: Hits:

Domestic peanut market keeps a stable and weak trend as a whole since middle of June, and market price in local area fluctuates slightly.

In terms of producing area, it is now the wheat harvest season recently, and farmers have no time to consider peanuts. In addition to small inventory, stock is little, and traders are not enthusiastic to purchase. The trade atmosphere is slack.

At present, trade in Shandong market enters ending stage, and market trade enthusiasm is low. Trade in Henan is slack, mainly consumes inventory; remaining good source in Liaoning is little, and price is stable; stock is little in Jilin, and traders get goods as required, and negotiate according to transaction; transaction in Jiangxi, Hubei and Anhui is finished, and new peanuts are about to go to market.

As oil plants have stopped purchasing, some oil plants dropped price and strictly controlled purchase quality. Overall transaction in domestic peanut market is still slack, causing certain pressure to market; meanwhile, recently, volume of new price from Vietnam arrived at south ports is increased; but due to unstable water content of new price, and limited market demand, price fluctuation is frequent.