Peanut and peanut oil trading summary and analysis forecast (Week 19, 2025)

01 Peanut

In the 19th week (May 5-May 9, 2025), the national average price of peanuts is 8,392 yuan/ton. The prices of peanuts in various regions are shown in the following table:

Weekly Review:

This week, the price of imported rice remained basically stable. Before the wheat harvest, the market's focus was still on the purchase of oil mills. Except for Luhua Oil Mill, most other oil mills had a low willingness to purchase, which could not drive the strong price in the production area. The supply of peanuts in various places was not large, the market was not very enthusiastic about taking goods, and the transaction was general. Oil mills generally control the quality of arrival, and purchase good oil appropriately, which plays a supporting role to a certain extent. As the temperature gradually rises, demand parties purchase on demand, and the transaction volume is general. Under the background of weak overall demand for peanuts, the probability of peanut price fluctuations is relatively high. At present, the short-term support given to the market by the full entry of oil mills into the market has been realized. In terms of commodity rice, the recent moderate transaction is mainly for the downstream market to replenish stocks on demand. It is expected that the possibility of continued purchases in the short term is not great, mainly to consume inventory.

The supply of peanuts in various places has been consumed one after another. Affected by the busy spring planting, the supply of peanuts in various production areas is not large. The inventory cost of the middlemen is generally high, and the sales time is relatively ample, and most of them are mainly to stabilize prices. In general, under the background of supply and demand balance, it is expected that the peanut market will continue to fluctuate within a narrow range in the short term, waiting for guidance from the new season's peanut planting conditions.

02 Peanut oil

In the 19th week (May 5-May 9, 2025), the national average price of peanut oil is: 15,850 yuan/ton. The reference prices are as follows:

Weekly Review:

This week, the prices of Shandong Jinsheng ordinary peanut oil and small-pressed fragrant peanut oil rose. Peanut oil is currently in the off-season, with weak demand, increased operating rates of oil mills, and slightly loose supply of peanut oil. It is expected that in the short term, the price of peanut oil is likely to remain stable.