In the past two years, the peanut market has fluctuated frequently, and the supply and demand structure has become a contradiction. Since the new peanuts came on the market this season, the main buyers and sellers have been cautious in entering the market. The price of Baishatongmi in some production areas has reached 6.50 yuan/jin. The high price and high moisture content have affected the market transaction. The supply volume in the production areas will increase in the future, and the market performance will be weak. Due to the mentality of middlemen to buy high and not buy low, the price of peanuts has fallen rapidly at a price of 0.20 yuan/jin per day until the price in the production area dropped to 5.40 yuan/jin. However, due to the recent purchase support from oil mills and rainfall in the Henan production area, the price of peanuts has begun to stabilize and strengthen. How is the recent market and what are the points of concern in the future market? The editor will sort it out in this article.

As of September 19, the national average price of rice was 11,400 yuan/ton, down 720 yuan/ton from the new peanut market price, a drop of 5.9%. It was up 1,500 yuan/ton from the same period last year, a rise of 15.1%.

At present, the price of Baisha common rice in Nanyang, Henan is 5.45-5.60 yuan/jin, the price of 7-sieve is 5.75-5.8 yuan/jin, and the price of 8-sieve is 5.85-5.90 yuan/jin;

In Zhumadian, Henan, the price of Baisha common rice is 5.40-5.55 yuan/jin, the price of 7-sieve is 5.70-5.75 yuan/jin, and the price of 8-sieve is 5.80-5.85 yuan/jin;

The price of common rice in the Dahua production area of ​​Kaifeng, Henan Province is 5.40-5.50 yuan/jin, and the price of 8 sieves is 5.80-5.90 yuan/jin;

The quoted price in Shangqiu and Zhoukou Dahua production areas of Henan Province is 5.35 yuan/catty, the quoted price above 7 sieves is 5.75 yuan/catty, and the quoted price above 8 sieves is 5.80-8.90 yuan/catty.

As for oil, on September 7, Junan Xingquan Oil Factory started purchasing, offering a price of 10,200 yuan/ton. The required standards are: oil content 43%, acid value 1.5, impurities 1.5%, moisture 9%, and 7 sieves 40%. Subsequently, Yuhuang and Jinsheng factories entered the market one after another, offering a price of 10,800 yuan/ton for common rice, and the required standards are: oil content 45%, acid value 1%, and 8 sieves ≥75%. Other purchase standard prices and indicators remain unchanged.

On September 14, COFCO Feixian entered the market to purchase, offering a price of 11,100 yuan/ton. Requirements: oil content 45%, moisture 9%, acid value 0.8, impurities 1%, 7 sieves ≥ 80%, 5.5 sieves ≤ 10%. On September 15, the purchase price was reduced by 100 yuan/ton, and on the 18th it was reduced by 100 yuan/ton. The current purchase price has dropped to 10,900 yuan/ton.

In terms of weather, a small part of Liaoning production area has started to peel peanuts and prepare for sporadic listing. Rain and hail weather occurred in some production areas of Jilin, and the short-term rainfall has no impact on the new season peanuts. If the time is corresponding, Henan wheat stubble peanuts and Northeast spring peanuts will be listed at the same time. It is understood that many screening plants in Jilin have replaced screening equipment, and the listing of new peanuts will be further accelerated. However, according to the data of the Central Meteorological Observatory, Henan production areas will have varying degrees of rainfall in the next 6 days. Continuous rainfall may affect the listing progress of Henan wheat stubble peanuts, and serious circumstances will cause peanuts to sprout.

In general, the spring peanut and garlic peanut season will end one after another. The Mid-Autumn Festival has not significantly boosted the market. The market demand is average. It is expected that the peanut price will fluctuate in the short term. The listing of Northeast peanuts and wheat peanuts will become the key point. The market outlook still needs to pay attention to the pace of oil mills entering the market for procurement and the impact of weather changes on the new season peanuts.

(Article source: Internet)