Peanuts: China remains top producer

March 29, 2021 at 4:15 PM , Der AUDITOR
Play report as audio

BEIJING. The INC's current crop estimates leave no doubt that no other country can hold a candle to China in terms of peanut production. Nevertheless, other producing countries have also increased their acreages.

Peanut oil sales up

According to market players in the Chinese peanut industry, China's 2020 crop is estimated at 17.77 million mt - making China by far the most important producing country. According to the International Nut and Dried Fruit Council (INC), sales are also continuing to be good and last year the sale of peanut oil in particular achieved significant increases. This is primarily due to the pandemic-related lockdowns, as a result of which end consumers are increasingly cooking at home. Sales of shelled peanuts in the snack industry ini

Categories:

View related articles

Go to the News Overview
Grains
Nov 1, 2024
BRUSSELS. Russia’s failed attempt to drive up wheat prices has slowed shipments. Ukraine’s corn exports are 18% up. Rain has prompted sowing to gain pace for soybeans in Brazil and Argentina. Rumour has it that China will slash retaliatory tariffs on Canada's canola.
Nuts
Nov 1, 2024
ISTANBUL. As the candy bar Dubai chocolate has gone viral demand is up for pistachios. This has impacted supplies in Turkey.
Oilseeds
Oct 31, 2024
OTTAWA. Although the Canadian flaxseed crop is smaller than in recent years, market players are currently reporting high demand from China. The EU could also be an interesting sales market this season if the export potential was not limited.
Oilseeds
Oct 31, 2024
OTTAWA. The Canadian mustard seed harvest has so far resulted in lower yields than initially hoped for, but the crop result remains significantly better than in previous years.