Peanut and peanut oil trading summary and analysis forecast (week 7, 2025)

01 Peanut

In the 7th week (February 10-February 14, 2025), the national average price of peanuts is 8475 yuan/ton. The prices of peanuts in various regions are shown in the following table:

Weekly Review:

This week, peanut prices rose in some areas. The recent profit margin of peanuts is not high, so the cost-effectiveness of imported peanuts is not high, and the import volume continues to decline. In terms of supply, it is expected that the national peanut planting area will increase by 8-10% this year, the output will increase, and the supply will be relatively loose. February is the off-season for imports, and the import volume is small. The peanut inventory of oil mills has accumulated to a high level, and the inventory pressure is relatively large; in terms of demand, it has entered the traditional off-season for demand. Due to the increase in peanut meal prices, the crushing profit of oil mills has increased slightly, and oil mills have gradually started up. The peanut market is quiet, the overall demand is sluggish, the peanut inventory has accumulated to a high level, and the loose supply suppresses the increase in peanut prices. It is expected that peanuts will maintain a volatile trend in the short term.

02 Peanut oil

Week 7 (February 10-February 14, 2025), the national average price of peanut oil is: 15,575 yuan/ton. The reference price is as follows:

Weekly Review:

This week, the prices of ordinary peanut oil and small-pressed fragrant peanut oil are stable. In terms of demand, the sales of peanut oil slowed down and the demand was stable. In terms of supply, the operating rate of oil mills was not high after the holiday, and the supply pressure of peanut oil was slightly reduced. The price increase of the three major oils supported 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.