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Bengbu, Anhui Province: peanut is difficult to sell

Posted on Dec-16-2008 · by china investor  ( china investor had published 8860 articles)

peanutBengbu is in Anhui Province,China.  The peanut harvest didn’t bring the farmers happiness.As the economic situation at home and abroad, the peanut price fell by nearly half, but the peanuts is still very difficult to sell.
It is reported that in Guzhen County peanuts are mainly sold to the oil plant in Shandong Province and southern cities. However, because of  Peanut harvest in Shandong this year, with the inflence of an adequate supply of the market and financial crisis, peanut prices continued to fall, some of the oil manufacturers did not dare to buy peanut, it led to peanuts unsale.Although farmers are reluctant to cut prices to sell, but they can not preserve the peasut, if the peanut go bad,they would have more loss.

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