Summer sowing has basically ended peanut prices recently fell slightly in the second half of peanut prices will be how?
First of all, let's quote the current price of peanuts. Peanuts in Henan are basically 2.8-3.3 yuan per jin, and the current prices are basically running smoothly, but now the peanuts in the hands of farmers have basically been sold out and there is very little left. however, due to the recent stage of being busy by farmers in summer, there is basically not much time to sell peanuts, resulting in a slightly deserted market.
Now that the summer sowing is basically over, from the information I know, the peanut planting area in most parts of Henan is still relatively stable, and there is basically no big change compared with last year. It should be said that the market supply this year will be relatively secure. However, the overall domestic demand for peanuts has also increased in recent years, with the increase in demand for peanut oil products, the supply of peanuts in the domestic market will also increase.
Now that peanuts are about to be harvested in the early spring in the south, and then our country can basically continue from south to north until September, there will be new peanuts on the market one after another. Therefore, the supply of new peanuts in the market will also be strongly supplemented.
Looking at the trend of the overall market in the second half of the year, no matter how high the price is, it will be difficult to exceed the recent level. In the final analysis, the market price is determined by the contradiction between supply and demand in the market.
Today, the market price in most peanut regions is also stable, and with the rise of temperature, farmers who still have peanuts will gradually sell. In fact, affected by the supply of goods after the Dragon Boat Festival, the overall price of peanuts has risen slightly, and at present, many areas appear to have a price but no market. For example, in the northeast of China, the peanuts in circulation in the current market are basically based on pre-inventory. And this part also basically ensures the demand of oil factories and peanut food processing enterprises.
To sum up, under the condition that the overall supply of peanuts is relatively stable this year, it is difficult to have a very good market in the second half of this year, and the current peanut purchase is basically coming to an end, and the price of peanuts is also relatively stable at this stage. in particular, the demand for peanuts in southern China has increased, and the price also has a rising trend.
In the recent stage, the overall market supply is weak and the peanut market price in some areas is also stable and strong. Farmers can seize the opportunity to sell, and it is also a difficult problem to store as the temperature rises.
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