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Market Prospects for Groundnut in West Africa COMMON FUND ...

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importer speculated that Senegalese groundnut has probably entered the<br />

South <strong>Africa</strong>n market.<br />

In a year of serious aflatox<strong>in</strong> contam<strong>in</strong>ation such as this, groundnut may<br />

be even imported from the United States or Argent<strong>in</strong>a. This year, Dr Juan<br />

Estrada of ICRISAT-Malawi reports purchase offers of up to $750 per MT,<br />

FoT Lilongwe <strong>for</strong> ungraded farmer stock – a previously unheard-of price level<br />

<strong>for</strong> Malawian producers.<br />

4.5 Asian countries<br />

The ma<strong>in</strong> buyers of groundnut <strong>in</strong> Asia <strong>in</strong>clude Indonesia, the Philipp<strong>in</strong>es,<br />

Malaysia and Japan. Normally these countries buy the bulk of their product<br />

from Ch<strong>in</strong>a, but as of last year – with Ch<strong>in</strong>ese groundnut sold at relatively high<br />

prices – Asian buyers sought alternatives from Indian, South <strong>Africa</strong>n and<br />

Vietnamese orig<strong>in</strong>s.<br />

32

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