Peanut Prices in Sudan Drop 52% in Three Months Amid Harvest Pressure and Weak Demand

Peanut prices in Sudan continued their decline, as harvest pressure and weak demand from their largest export destination, China, pressured prices lower. Wholesale in-shell peanut prices in Sudan were as low as USD 0.40/kg midway through November, with few bullish factors that could support prices in the short term.