Peanut oil prices rise significantly, cost increase is the main reason.

time:12-05-08 forum:Daily necessaries
  Since the Xinhua News Agency

the price of peanut oil has risen sharply since April, http://sd.dzwww.com/jinanxinwen/201205/t20120508_7120544.htm
source: the Xinhua News Agency

According to the Xinhua national agricultural and sideline products and agricultural price quotes system monitoring data show that the current peanut oil prices hit a new high since April 2008. The price increase is mainly due to the high price of peanut kernels and the cost increase.

industry insiders said that the brand peanut oil price rose, to some extent, "leading" the collective price rise of peanut oil. The main reason for this increase is the high price of raw peanuts. Last year, when peanut harvest was on rainy days, peanut production was generally reduced. At present, new peanuts are not listed yet, and the supply of peanuts is in short supply. The price of peanuts is rising. According to the data of Shandong agricultural information center, the market price of peanut kernel in our province in March was 14.23 yuan / kg, up 31.08% compared with the same period last year. Peanut oil market price of 23.30 yuan / kg, compared with the same period last year, an increase of 17.97%.

according to the system monitoring data of the national agricultural and sideline products and agricultural price quotations by Xinhua news agency, the price of peanut oil in the whole country since August 2008 has fallen rapidly from the high to the high. In October 2009, the overall trend of the rising trend has been rising. The price of peanut oil has been rising since April in 2012, and the price has reached a new high since 2008.

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