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  • Where are peanut oil prices trending in 2024?
  • Track Peanut Oil price trend and forecast in top 10 leading countries worldwide. For the Quarter Ending March 2024 North America Throughout the first quarter of 2024, the prices of peanut oil across the North American region followed the market trajectory of exporting nations, particularly South America.
  • What are the price trends for peanut oil?
  • According to Procurement Resource, the price trends for peanut oil are expected to remain volatile in the coming months. Given the current vulnerabilities in market supply amid rising demand, groundnut oil is likely to incline. Procurement Resource provides latest prices of Peanut Oil.
  • How did the South American peanut oil market perform in Q4 2023?
  • In the last quarter of 2023 (Q4), the South American peanut oil market experienced a negative trend. Various factors influenced the market, affecting price dynamics. Throughout Q4 2023, there was an oversupply of edible oils in the market, resulting in an excess of peanut oil.
  • Why did peanut oil prices drop in June?
  • Overall, consistent weaker inquiries from importing nations coupled with higher supplies among the merchants contributed to the price decrease of Peanut oil, one of the main used vegetable oils throughout this quarter. Peanut Oil prices in June ended at USD 1720/ MT FOB Santos. For the Quarter Ending March 2023 North America
  • How did traders respond to peanut oil prices in Q1 2024?
  • Traders responded by intensifying inventory stocking, despite higher costs due to INR depreciation against the dollar, maintaining domestic prices at elevated levels. Overall, the pricing environment for Peanut Oil in Q1 2024 was uncertain, influenced by supply and demand imbalances, shifting consumer preferences, and input cost fluctuations.
  • What is the price of peanut oil in india?
  • The quarter-ending price of Peanut Oil in india was USD 1912/MT. Europe Over the entirety of the fourth quarter in 2023, the European region closely mirrored the pricing trends observed in North America, particularly in the United States, demonstrating a predominantly pessimistic pricing trajectory.