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  • Cashew market has signs of prosperity

    Jul 25th, 2016

    In the past week, it's the domestic market and internationally active trading, the average selling price increased from 5-10 cents / lb compared to the previous week. As expected, demand for purchase of the Chinese market, the United States and Europe began to increase in the third quarter while international buyers preparations for the next major sales Tet Trung Thu, Christmas 2016 and new year 2017. in addition, the demand and market price of cashew in India are also rising.

    In Vietnam, due to the rainy season is the time in the Southeast region interested buyers should buy from reputable factories, ISO, HACCP, food safety quality assurance; In addition due to the strict requirements of the international market, especially the control of residues of plant protection products in agricultural products Imex.

    Refer to today's price of the group that's large and medium factories, cashew export US standards (AFI) (Unit: USD / lb FOB Tp. HCM / Flexi packs): W240: 4.15 to 4, 25; W320: 4.05 to 4.15; W450 / SW320 / LBW320: 3.9 to 4.0; DW: 3.6 to 3.7; WS / WB: 3.2 to 3.3; LWP: 3.15 to 3.25; SP: 2.85 to 2.95.

    Source: VINACAS