Peanut and peanut oil trading summary and analysis forecast (Week 22, 2025)

01 Peanut

In the 22nd week (May 26-May 30, 2025), the national average price of peanuts was 8,592 yuan/ton. The prices of peanuts in various regions are shown in the following table:

Weekly Review:

This week, the price of imported rice continued to rise. The production areas and middlemen were reluctant to sell, and the spot price remained high. At present, the peanut oil and peanut stocks of oil mills are still at a high level. The oil mills will lose money in crushing profits, and the price difference between oil rice and currency peanuts will narrow. Oil rice still has room for growth. However, the downstream market has declined in enthusiasm for taking goods due to high prices, which may compress the room for import rice to rise.

The grassroots inventory in the Northeast production area is not much, and there is still some surplus grain to be consumed. Under the strong rise in peanut prices, the reluctance to sell has eased, and some middlemen and grassroots have begun to ship. After the holiday, the market enters the off-season of demand, and more attention should be paid to the market replenishment. It is expected that peanuts will continue to fluctuate at a high level in the short term. Henan and Northeast production areas continue to have strong bullish sentiment. The supply outside the warehouse in Henan production area has been effectively consumed, and food factories and traders are concentrating on replenishing the warehouse, and the consumption of supply in the production area has accelerated.

It is expected that the momentum of peanut market price increases in various places will weaken in the short term, and there may be a reasonable correction in some areas with high prices. The main reason is that traders have a low acceptance of high prices, which has led to weakened demand, weak sales in the trade market after the holidays, and a slowdown in the increase in peanut prices. At present, traders have lucrative inventories, quotations have returned to rationality, and the periodic supply shortage in the production area has eased. The Luhua Oil Factory has stopped production and stopped receiving oil, suppressing the bullish confidence in the production area. In the later stage, we need to pay attention to the demand for replenishment in mid-June. If the market digests the inventory and demand recovers, prices may rise again.

02 Peanut oil

In the 22nd week (May 26-May 30, 2025), the national average price of peanut oil is: 15,975 yuan/ton. The reference prices are as follows:

Weekly Review:

This week, the prices of ordinary peanut oil and small-pressed fragrant peanut oil in various places continued to be stable. The price of peanut raw materials continued to rise, supporting the market price of peanut oil. 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 and fluctuate.