The Red Peanuts price has increased due to the demand for Peanut oil and reduction in supply for Sunflower seeds from Russia and Ukraine
Market & Price Trends
Published May 2, 2022
The cost of red peanuts has increased by USD 250/mt as the demand for Peanut oil increases, due to the reduction in the supply of Sunflower seeds from Russia & Ukraine. The FOB price of Red Skin for size 50/60 is USD 1,770/mt. The FOB price of Red Skin for size 60/70 is USD 1,750/mt. The demand has also increased for the peanut skin and shell to be used for cattle feed.