01 Peanut

In the 28th week (July 7-July 11, 2025), the national average price of peanuts was 9,083 yuan/ton. The prices of peanuts in various regions are shown in the following table:

Weekly Review:

This week, the price of imported rice has been stable with a slight decline. The supply of Sudanese refined rice is scarce, and the arrival of Senegalese and Indian rice is limited, and the supply has further tightened. The operating rate of oil mills is at a historical low, and the willingness to purchase is not strong. The short-term supply and demand of the domestic peanut market is balanced, and the production increase in the new season is expected. The supply in the main producing areas is weak. The local busy farming season in Henan and the northeast region are reluctant to sell. The market circulation has slowed down. The supply of peanuts is sufficient, but the middlemen are cautious and reluctant to sell, which supports the peanut market. The expansion of the planting area in the new season is expected to be within 5% nationwide, and the increase in Henan is about 10%. The slow destocking of peanut oil in the terminal market recently indicates that the consumption situation has not changed significantly, demand is weak, and it is bearish for the peanut market.

In general, it is difficult to improve the domestic demand for peanuts in the short term, and the overall transaction is weak. Traders pick as they use. The consumption is in the off-season and the new peanuts are about to be put on the market, so people are in a wait-and-see mood. In the later stage, we should pay more attention to the weather factors in the peanut production areas. If the production increases, it may increase the pressure on peanut supply and the peanut price will weaken.

02 Peanut oil

In the 28th week (July 7-July 11, 2025), the national average price of peanut oil is: 15,900 yuan/ton. The reference prices are as follows:

Weekly Review:

This week, the prices of domestic ordinary peanut oil and small-pressed fragrant peanut oil continued to remain stable. Peanut oil is currently in a stalemate in supply and demand, and there are few influencing factors in the market, so the price does not change much. The operating rate of oil mills is at a low level, the supply of peanut oil is weak, and the destocking is slow. It is expected that in the short term, the price of peanut oil is likely to remain stable and fluctuate. Pay more attention to the growth of new season peanuts in the later period.