Source: From China AGLOOK

The recent news from the oil plants:

Most of the just buy the peanut with good quality with strictly quality control. The arrival quantity in the oil plants is less compared with that in the early days. But the purchasing pressure still exists. They are not active to purchase the goods. The purchasing price is still lower. It will affect the price of oily peanut to be fluctuated much. Now the close price in the oil plants is stable generally. The purchasing price from the oil plants is at 6,200--6,600RMB/T.

The general analysis of the bad factors:

Even though the farmers are not willing to sell the goods and the price in some areas is higher, the price is not possible to be increased much. The main bad factors are as followings……

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