European peanut fans face a potential roasting by the end of the year as a shortage of groundnut hits global markets. Rising demand from increasingly health conscious consumers in China has coincided with bad weather in key growing regions, such as Argentina and South Africa, leaving many traders — especially those in Europe — scrambling for supplies. “We definitely see a supply problem for the period of June to October this year,” says Martin Masopust, director at Nether lands-based trader Bohemia Nut. The chief worry among nut traders is the crop in Argentina, where the 2016 harvest has been delayed due to the heavy rains since the start of the year. The country is the world’s largest exporter and the main supplier to Europe, which has stringent sanitary rules which many of the world’s producers often fail to meet. Rains may have damaged 20 per cent to 40 per cent of the South American country’s output this year from the record 1.2m tonnes in 2015, according to trader forecasts. Contact: nomanaleemft@gmail.com 00923084089243