Palmadex Ground Nut

What is Groundnut?
The Ground nut, also known as the groundnut, goober (US), Pindar (US) or monkey nut (UK), and taxonomically classified as Arachis hypogeal, is a legume crop grown mainly for its edible seeds. It is widely grown in the tropics and subtropics, being important to both small and large commercial producers. It is classified as both a grain legume and, due to its high oil content, an oil crop. World annual production of shelled peanuts was 44 million tonnes in 2016, led by China with 38% of the world total. Atypically among legume crop plants, peanut pods develop underground (geocarpy) rather than above ground. With this characteristic in mind, the botanist Carl Linnaeus gave peanuts the specific epithet hypogeal, which means “under the earth”.

Palmadex Ground Nut Trade Specification
PRODUCT SPECIFICATIONS (GROUND NUT):
Impurities: Maximum of 2%
Moisture Content: Maximum of 10%
Inspection: SGS, Cotecna, Bureau Veritas, Intertek

 TRADE SPECIFICATIONS
Origin: Nigeria
Product Type: Ground Nut
Quantity: On Buyer’s Specification
Price: Open to Negotiation / Metric Tonne
Trial Order: 18 Metric Tonnes (One 20 ft Container Load)
Trade Process: FOB/CIF
Payment Method: 100% irrevocable and confirmed L/C
Shipping Time: 15 to 25 days after confirmation of L/C
Loading Port: Lagos, Nigeria

SHIPPING DOCUMENTS
Bill of Lading
Certificate of Origin
SGS Inspection Certificate
Phytosanitary Certificate
Fumigation Certificate
Commercial Invoice
Packing List