The domestic peanut oil market is at a high and stable level, with low trading volume. At present, the price of primary peanut oil in the Shandong market is 13600-17500 yuan/ton, an increase of 2.9% compared to December 28, 2010; The market price in Hebei is between 16000-17000 yuan/ton, with little change; The market price in Henan is between 16000-17000 yuan/ton, with little change; The market price in Guangdong is 19600-20000 yuan/ton, an increase of 1.02%

The recent rise in domestic soybean oil and palm oil prices has had a positive impact on the peanut oil market. In addition, the current inventory of peanut oil in the hands of domestic oil factories is for high priced peanut pressing in the early stage, and the cost of peanut hydraulic pressing is high. Oil factories have a strong willingness to maintain high prices for peanut oil. As the Spring Festival approaches, the demand for peanut oil in the terminal market has slightly improved. Small packaging oil factories are actively stocking up and have a good attitude towards shipping, which has also brought benefits to peanut oil factories. There is little possibility of a short-term correction in the domestic peanut oil market, and it is expected to remain strong.

Driven by various factors, after New Year's Day, the prices of peanuts in most regions of China have remained stable with some increases.

Among them, the market prices in northern production areas such as Henan, Liaoning, Shandong, and Hebei have remained stable with an increase, while prices in southern regions such as Guangdong have risen, leading to a significant increase in demand for goods. Recently, factors such as the general increase in purchase prices of some oil factories and the limited supply of goods in the hands of farmers have jointly boosted the price increase in the domestic peanut market.

The willingness to raise prices from the place of origin is still strong

At present, distributors and farmers in the origin market have increased their reluctance to sell, and their willingness to raise prices remains strong. According to the survey, the recent purchase price of Shandong unified peanut kernels in the production area is 8200-8400 yuan/ton, unified peanut fruits are 5600-5800 yuan/ton, and unified white sand kernels are 8600-8700 yuan/ton; The purchase price of Henan unified peanut kernels is 8200-8400 yuan/ton, the unified white sand kernels are 8600-8700 yuan/ton, and the unified peanut fruits are 5600-5800 yuan/ton; The purchase price of Hebei unified peanut kernels is 8300-8400 yuan/ton, unified peanut fruits are 5600-5800 yuan/ton, and unified white sand kernels are 8600-8700 yuan/ton.

It is reported that most domestic oil factories have steadily increased their purchase prices, with Shandong Liaocheng Longda's purchase price of 8300 yuan/ton (43% oil, 10% water), an increase of 200 yuan/ton from December 28, 2010; The purchase price of Qingdao Kerry is 8360 yuan/ton (43% oil, 9.5% moisture), with an increase of 40 yuan/ton; The purchase price of Linyi Jinsheng Oil Factory is 8350 yuan/ton (oil content 44%, moisture content 10%), with an increase of 50 yuan/ton; The acquisition price of Laiyang Longda is 8160 yuan/ton (oil content 42%, moisture content 10%), with an increase of 20 yuan/ton.

Overall, there is not much supply of peanuts

Due to the limited overall supply of peanuts in China,

And last year, the total production of peanuts decreased, and some farmers and distributors continued to have a reluctance to sell. In addition, there has been heavy snowfall in the northern flower production area recently, and distributors are not eager to ship. After a period of consumption, the inventory level in the hands of oil factories has decreased, and there is also a need to replenish inventory. Some oil factories have increased their enthusiasm to purchase at low prices, and their confidence in dealers has significantly increased. The willingness to support prices has also been significantly strengthened. Therefore, in recent times, oil factories such as Liaocheng Longda and Qingdao Jiali have generally increased their purchase prices.

At the same time, the prices of domestic soybean oil, palm oil, and soybean meal have recently surged, and peanut meal has also followed suit. At present, the price of 46% protein peanut meal in the market has increased to 3000-3150 yuan/ton, and the demand for peanut oil is also expected to improve, all of which bring positive support to the domestic peanut market. Industry insiders believe that in the current situation where dealers are reluctant to sell at high prices and market demand is increasing, the domestic peanut market will continue to focus on stability and upward trend in the future.