Oil refinery peanut purchase demand increases; some quality requirements are relaxed.

This week’s peanut prices have stopped falling and rebounded, with suppliers’ willingness to maintain prices strengthening, and market sentiment improving temporarily. Oil mills’ arrival volumes have increased; Shenzhou and Xinyi Luhua have already started weighing and purchasing, and Fuyu Luhua began purchasing today. According to my Steel Network data, as of March 12, the arrival volume at oil mills was 23,140 tons, an increase of 12,040 tons compared to last week. The average purchase quotation for oil mill raw materials remains stable, with prices across the country ranging from 7,150 to 7,900 yuan/ton, and some oil mills have relaxed quality requirements for procurement. (Mysteel)