Traders are waiting for a new crop of peanuts, and therefore at present, export deals are very slow in the market. Peanuts sowing has been in three parts. Due to that, new arrivals are not expected to come at the same time in the market. Exporters are expecting less demand from the international peanut markets as Rupee is strong against the Dollar and freight prices are also very high. In this situation, prices will not be that lucrative for imports.
Peanuts prices on FOB basis for Non EU conditions are being offered as below:
Bold 40-50 @ $1,93/ kg
Java 50-60 @ $1,50/ kg
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