Chinese peanut marketFishingrodholdersThe domestic peanut output accounts for 48% of the world, with Henan and Shandong as the main producing areas. Delivery of peanut futures 2404 contracts hit an all-time high, and imports are expected to pick up sharply. Henan Hebi peanut delivery warehouse capacity of 100000 tons, imported Sudanese milled rice price of 9200 yuan / ton, Shandong Luhua transaction price of 8800-9000 yuan / ton.
[China Peanut Futures 2404 contract delivery hit an all-time high] China as the world's largestFishingrodholdersThe futures market of the major peanut producing country ushered in a historic moment in 2024. The number of warehouse receipts registered for the peanut 2404 contract reached 10187, the number of delivery pairs also reached 7750, and the bulls received more than 30, 000 tons. These data show that in April 2024, the peanut futures 2404 contract set the hottest delivery record in the history of the variety. The main peanut growing areas are concentrated in Henan and Shandong provinces, accounting for 48% of the national output. China's peanut consumption is mainly divided into food consumption and crushing consumption, the proportion of which is similar, each accounting for about 50% of the total consumption. China is also a net importer of peanuts, mainly from Sudan, Senegal and the United States. With the gradual warming of the weather, the storage conditions of peanuts are also tested. After May, peanuts need to be stored in cold storage to maintain their color and quality. China's peanut exports account for only 2% of its output.Fishingrodholders.5% Murray 4%, which has a limited impact on the market. China's peanut imports are expected to pick up sharply in 2024, with the largest proportion of peanuts imported from Sudan, reaching 52%. In Henan Hebi peanut delivery warehouse, the total storage capacity reached 100000 tons, including 80, 000 tons of delivery depot and 20, 000 tons of cold storage. At present, the price of growing cooperative peanuts is 4.Fishingrodholders.50 to 4.55 yuan per jin, and the warehouse receipt cost is 9000 yuan / ton. As for the price of imported peanuts, the price of milled rice in Sudan is 9200 yuan / ton, while the price of Senegalese peanuts arrived in Hong Kong last year is 8800 yuan / tonne. It has dropped to 7800 yuan / ton this year, and it is expected that it will arrive in Hong Kong by the end of April. The transaction price of Shandong Luhua is about 8800-9000 yuan / ton. For the peanut 2410 contract, because of its long cycle, both sides have the opportunity to make money, the key is to grasp the rhythm. At the same time, investors should not go short under the cost. With the continuous maturity of peanut futures market, investors can look forward to more market opportunities. However, in the face of market fluctuations, rational investment and risk management are still the key to success.
