2019 peanut price forecast bullish: what factors affect the price of peanuts?

The price of peanuts was not ideal in the first two years. In the past two years, the yield and quality of peanuts have been greatly affected due to weather problems. Especially at the beginning of winter, prices continue to fall, and if you are not careful, you will lose money. Eighteen years are coming to an end. What about the price of peanuts in 2019? Next, let's take a look at the 2019 peanut price forecast for your reference.

I. Forecast of Peanut Price in 2019

1. Although the price of peanut continues to decline, the national price of peanut remains stable. There will be no ups and downs. Recently, the mentality of some farmers in Shandong and Anhui has loosened slightly, but due to the lack of good market demand, traders in the producing area are generally cautious in purchasing. The demand side is mainly oil and rice. Mostly used to refine peanut oil.

2. Due to the large supply and sufficient inventory, the demand is small, the purchasers purchase on demand, there are not many goods, and the price is stable, but the sales volume is really low. Prices have been lowered in some places in order to sell.

3. At present, the consumption of oil refineries is almost enough, the demand is also increasing, and it seems that sales have improved a lot. But it is still not according to quality but quantity. Peanuts of high quality are sold out, and the transaction price is basically stable.

To sum up the above: peanut prices are slightly stable, but the volume of goods such as Ding Tao Luhua, Xinyi Luhua, Xiangyang Luhua is still large, and there is still some pressure on unloading. Kerry Group's new contract volume is limited, short-term maintenance of limited unloading. The oil factory as a whole is not good for the time being. Sales area market near Qingming Festival shipments are slow, mainly because some downstream merchants returned to their hometown ahead of time to worship their ancestors, waiting to see the recovery of procurement after the festival. Although the local producing area has the right amount of enthusiasm for loading, but the demand is not strongly supported. Net believes that short-term peanut price fluctuations or will slow down, if there are shipping opportunities can be properly grasped.

In the long run, however, there are prospects for growing peanuts. The processing of peanuts into nut foods is becoming more and more popular. Peanut oil is also a must. A certain amount of peanuts is needed every year, and the market needs it. During the Spring Festival and spring of 2019, New Year's Day, peanut prices may be expected to rise.

2. factors affecting the price of peanuts

1. The output of acreage

The proportional relationship between planting area and yield. The more you plant, the more you receive, the larger the supply, the lower the price. Because the prices of peanuts in 17 and 18 years are not ideal, many of them have been planted with others, resulting in a significant reduction in production this year.

2. Quality of peanuts

The quality of peanuts is also related to the weather. The increase of summer precipitation in the past two years has led to the death of most peanuts, resulting in a reduction in yield and quality of peanuts. The quality is poor and the natural price is not high.

3. Inventory of aged peanuts

Peanuts can be stored for a long time. It doesn't have to be fresh. If old peanuts from a few years ago are still in stock, they can still be sold this year.

4. Current market demand

To sum up, the price of peanuts will continue to rise, but the increase is not very large. It is impossible to exceed 4 yuan per jin.

All right, the above is the 2019 peanut price forecast brought by the editor of Tuliu.com. I hope it will be helpful to all of you. I also wish you can sell your peanuts at a good price.