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Data Analysis

Argentine and Indian Peanut Prices Potentially Drop

Peanut Kernel
Nuts
Peanut Kernel
Argentina
India
Price Trend

Summary

The wholesale price of peanuts in Argentina edged up +3.37%YoY to 1.86 USD/KG in W4 Dec 2021. At the same time, the wholesale price of peanuts in India fell -4.37%YoY to 0.76 USD/KG. Peanut exports from both countries increased in 2020 aligned with increasing global demand despite the Covid-19 pandemic. The increase in exports is likely to continue in 2022 as the implementation of reduced export duty rates on Argentinean peanut exports and expected increase in Indian peanut production.
Jan 5, 2022
By Fardhani Pradipta
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