From the peanut mayor/market situation analysis, peanut prices and peanut prices are likely to rise. General peanut prices before the Spring Festival is likely to break through 4.0 won / near generation, general fruit later may reach 2.4 ~ 2.5 won / kg, quality varieties of peanuts are expected to reach 2.8 ~ 3.2 won / kg

There are several factors that are mainly responsible for the bullish peanut market in this period before the Spring Festival. One is some farmer friends. Because of the low yield, so the general sugar-free peanuts 500, 600 pounds, individual, or even less, to a certain extent to sell the psychological, there is the idea of waiting a little longer. Peanut dealers early acquisition of low-priced peanuts are not willing to sell, there is a dominant idea that rice will rise, peanut processing enterprises have become difficult to feed, can only increase prices.

Peanut planting area is nearly 10 percentage points lower than last year, coupled with pests and diseases, production decline, low quality, the mayor/market supply capacity is lower than in previous years. Imports of peanuts have decreased due to our tariffs on U.S. agricultural imports. The Chinese New Year factor is also the most important point. The Spring Festival is the highest peak of peanut consumption, whether it is peanuts or peanuts, basically all families buy some, eat on the one hand because the Spring Festival to buy peanuts with shells also have a festive flavor. Comprehensive above five points, peanut prices do not rise is also impossible.

From the point of view of peanut processing enterprises, the next to buy raw materials, organize production, prepare for the Spring Festival on peanut oil and other peanut products demand. In addition, the preservation of peanuts to be difficult, insect moths and rats bite, see what love, preservation conditions are not good, do not force to stay, storage conditions are excellent if you can still look at it for a while, and so on, to the Spring Festival when the price will be getting stronger and stronger,

The total output of peanuts is not as good as last year, but the total quality of the last year is better than the last year (Zhumadian area of Henan Province). Autumn harvest season wind and rain smooth flow, sunny days, peanuts without mold, quality change. Last year, Henan region fall harvest season rain for days, peanuts can not be harvested in a timely manner, the price is extremely low, part of the farm farmers lose serious losses. To a certain extent, the planting enthusiasm has been thwarted. The total planting area is relatively reduced, affecting the relationship between supply and demand, to the quality of the price, things are expensive.

Peanut-based deep processing enterprises are gradually increasing, and derivatives around peanuts are becoming increasingly abundant. A government-led peanut economy is beginning to emerge. Market demand for the raw material is expected to remain strong.

The U.S.-China trade war continues, which has a certain impact on peanut imports and reduces the impact of the external market on domestic demand. There is a certain contribution to the price rise.

Prices are very low, the quality of peanuts is better, planting, labor costs have increased, the fall harvest is the main source of income from the land of farmers for a year, farmers have certain predictions for this year's prices. Prices did not meet certain expectations of farmers Shimei's heart is very serious. For buyers, the peanut market is a ghost market. Peanut quality and low prices will stimulate the buyer's gambling mentality. Small vendors with cars loaded with goods, unloaded vehicle goods temporarily backlog, the formation of a certain degree of hoarding phenomenon, affecting supply and demand, prompting prices with the mayor / market supply shortage rose across the board.