Peanut, peanut oil and peanut meal trading overview and analysis forecast (week 2, 2025)

01Peanut

In the second week (January 6-10, 2025), the national average price of peanuts is 8,450 yuan/ton. The prices of peanuts in various regions are shown in the following table:

Weekly Review:

This week, the price of peanuts remained basically stable; peanuts fluctuated and fell. At present, the overall supply volume of peanuts in the production area has not changed significantly. The supply volume at the grassroots level in some production areas has increased. The traders in the production area have a strong willingness to ship, and the supply of goods with high moisture in the Northeast region has been active. The peanut wholesale market has replenished stocks in small quantities. The price of imported peanuts at the port is stable, the transaction of old rice has basically ended, and there are not many new rice orders for the time being, and the cost is relatively high compared to the domestic market.

In terms of peanut demand, oil mills replenish stocks on demand, and the speed of sales is not fast. In the terminal market, due to the weak operation of the three major oils, peanut oil and peanut meal followed the decline. The suppliers are supported by planting and inventory costs, and the resistance to low prices will also heat up.

It is expected that the price of peanuts will remain stable in the short term. Overall, under the background of relatively scarce demand entities, if the shipment volume in the production area increases, the supply pressure in the production area will appear, and the peanut price will also be adjusted weakly.

02 Peanut oil 

In the second week (January 6-10, 2025), the national average price of peanut oil is: 15,500 yuan/ton. The reference prices are as follows:

Weekly Review:

This week, the price of ordinary peanut oil was stable, and the price of small-pressed fragrant peanut oil was stable with a slight decline. In terms of demand, the sales speed of peanut oil was average, and the demand was relatively stable. In terms of supply, due to poor profits and inversion, the operating rate of oil mills fell, but peanuts were in the seasonal accumulation stage, and the supply of peanut oil was sufficient. The price of the three major oils fell, dragging down the peanut oil market. It is expected that in the short term, the price of peanut oil is likely to remain stable. The bumper harvest of peanuts and the increase in peanut oil production are bearish for the peanut oil market, so the price of peanut oil may remain stable. The Spring Festival boosted demand and strengthened demand, supporting the peanut oil market.

03 Peanut meal

The reference prices of peanut meal in various regions in the second week (January 6-10, 2025) are as follows:

Weekly Review:

This week, the price of peanut meal is stable with a slight increase. Due to the recent operating rate. In terms of supply, the supply of peanut meal is still relatively sufficient. In terms of demand, the sales speed is not fast and the demand is general. The weak operation of soybean meal market has dragged down the peanut meal market. It is expected that the price of peanut meal will be stable in the short term, but the supply of peanut meal is sufficient recently, and the price of peanut meal may still fall.