Price: €11.00
Member Price: €0.00

Peanuts: demand surges massively

July 24, 2023 at 10:16 AM , Der AUDITOR
Play report as audio

NEW DELHI. The buying interest for Indian peanuts has increased significantly and the dwindling stocks are ensuring that prices continue to rise. Meanwhile, the African origins are facing various challenges.

Crop damage due to monsoon rains

The price increase in the Indian peanut market continues; compared to last week, prices have climbed by USD 60/mt. Indian traders report that demand is currently shooting through the roof, which is tightening supply and driving prices up. Foreign buying interest is strong, but the domestic market has priority and some suppliers are already struggling to meet demand.

For Bold peanuts in particular, market players expect further price increases into August. Recent monsoon rains in Uttar Pradesh have severely affected the summer

Categories:

View related articles

Go to the News Overview
Nuts
Jul 16, 2025
DALIAN/SACRAMENTO. Indian importers would rather pay punitive fees than high customs duties on US walnuts and are waiting for the trade agreement to be approved. As was the case last year, labour shortages in the Chinese province of Yunnan could jeopardise the walnut harvest.
Nuts
Jul 16, 2025
FRESNO. Under current conditions, the US can expect a record pistachio crop this season. The situation for exports is less positive, with a significant year-on-year decline.
Oilseeds
Jul 16, 2025
SOFIA/WASHINGTON, D.C. The weather in Bulgaria is expected to remain hot and dry for the time being. According to data from the USDA, sunflower seed crops in Russia and Moldova are higher than expected. At the same time, the forecast for Ukraine has been revised downwards.
Nuts
Jul 16, 2025
MANILA. Unlike on the Philippine domestic market, export prices for desiccated coconuts remain stable thanks to strong demand. The situation is similar for coconut oil, and copra prices are even trending upwards.