The highest price of peanuts in history is not 16000. Peanut futures prices continued to fall from a high level, with the cumulative decline exceeding RMB 1 1000 per ton. Shi, chief oil analyst of Sino-Thai Futures Research Institute, said that the decline in peanut futures prices was mainly driven by macro-bearishness and the decline in other major oil prices. From the supply and demand fundamentals of peanut itself, the expected reduction of new planting area has a great influence on the mentality of buyers and sellers in the spot market, which makes peanut perform strongly in this round of oil decline, and the decline is smaller than that of other varieties such as soybeans and rapeseed. In the afternoon, the spot fundamentals of peanut are intertwined, so we need to pay close attention to the market of bulk oil.