Source: China AGLOOK!

Affected by the demand before Spring Festival, the buyers begin to stock the goods. The sales in each market becomes better. The price has a small fluctuation. But the distributors expect to have a better price and are unwilling to sell the goods because of the present good market. However, the transaction of the peanut oil and peanut cake is still not good. With most of the oil plants stop the purchasing gradually and the imported peanut arriving, the peanut price in the domestic market is difficult to be increased.

According to the investigation, the purchasing price from each big oil plants is stable relatively with a strict quality control. Recently, the close price of Qingdao Jiali Oil Plant is at 6,300RMB/T(about 987 USD/T) with strict quality control, Gunzhou Jiali Oil Plant at 6,200 RMB/T(about 972 USD/T) with a strict quality control, Fuxin Luhua Oil Plant at about……

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