Western Guangdong peanut wholesale market. Guangdong, referred to as "Guangdong" for short, is a provincial administrative region of People's Republic of China (PRC), with Guangzhou as the capital and east of Guangzhou. It is widely believed for its ancient place names. According to Baidu map, peanuts sold in the wholesale market of western Guangdong in this region are the cheapest. Because of the large market, wide sources of peanuts and large output, each catty is 5 to 6 cents lower than the market price.