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  • After the Independence, the Chinese market it exciting again

    Oct 9th, 2015

    Although in the past week Chinese customers hardly purchase to its National Day holiday lasts for 1 week from 01/10, the Chinese market at the transaction but experts still believe that the only after Chinese National Ceremony few days, you will be dealing with active again. Indeed, in 2-3 days, Chinese visitors were asked to buy more, the price increased by 5 cents / kg.

    In the last months of 2015, world market conditions will have a positive change for the Indian domestic market is preparing for Diwali; World prepares for Christmas and New Year 2016, the Lunar New Year, ... Besides, Vietnam domestic market would also be very advantageous for individual deep-processing products, ...

    Right now many experts are confident forecast that in 2015 Vietnam may reach a new record with 50% of total export kernels of globalization. Specifically, the value of world trade this sector is estimated at $ 8 billion, including $ 5 billion in trade and $ 3 billion individual commercial crude. If the amount of individual transactions, export turnover of Vietnam is expected to reach $ 2.5 billion this year, which accounts for half the value of global trade of cashew nuts.

    Refer to individual export prices from Vietnam to North America, EU, ​​Australia today: (Unit: USD / lb FOB Tp. HCM): W240: 3.55 to 3.65; W320: 3.35 to 3.5; W450 / SW / LBW320: 3.15 to 3.25; DW: 3.05 to 3.15; WS / WB: 3.1 to 3.2; LWP: 3.0 to 3.1.

    *** According to the Ministry of Industry and Trade, the first 9 months of 2015, exports of cashew nuts is estimated at $ 1.78 billion, up 20.62% over the first 9 months of 2014. Export prices increased month 9/2015 0 , 21% from the previous month and increased by 11.14% over the month 9/2014. Generally in the first 9 months of 2015, export prices increased cashews 10.25% over the same period in 2014.

    On the export market, the first 9 months of 2015, the United States, the Netherlands and China continue to maintain the market's 3 largest nuclear import of Vietnam accounted respectively 36.29%, 12.56% and 12.32% of total export value. The market turnover rose sharply to 79.7% by Germany, with 51.38% of Thailand, the United States with 35.33%, 33.67% and Netherlands with United Arab Emirates (UAE ) with 22.01%.

    Source: VINACAS