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  • Dong Nai: cashew processing enterprises having

    Nov 14th, 2016

    Import demand by the end of the year it's in a generally rising markets, but many enterprises that processing the extremely cautious in increasing processing capacity, even on the contrary to consider reducing capacity.

    * Reduce the power as prices rise

    Cashew processing facilities Do Thu Hien her in Cam My district from the middle of 2016 has fallen by the processing capacity of raw material price increases. Ms. Hien said, when raw material prices rising, pressure on the huge capital. "At the beginning of 2016, the price of cashews only 37 thousand / kg, but now up to 50 thousand / kg, compared with the beginning of the year, each ton that has increased by about 13 million. Raw material prices so high that the small base does not dare "Slim" line, produced to where to buy it, sometimes buying is not "- Ms. Hien share.

    Not only the basis of Ms. Hien which many other units also leaving the "dilemma". The owner of a now quite large processing in Xuan Loc said from August to now, his company has declined to 30% of output processing because the supply is limited. According to the director, in the time of trouble sourcing are current, very now "hug" to import shipments of inferior quality and when being processed are vulnerable to losses. To avoid risks, businesses are forced to be cautious.

    Dang Thai Son, deputy director Ltd. a member Hoang Thuy Diem in Thong Nhat district, also said that the prices of raw materials increased the risk of producing very high. Son said that the fact the manufacturers will be under pressure, as prices of raw materials rose sharply, by export orders is often key contract price in advance.

    * Passive weather

    Price 50 thousand / kg of raw cashew nuts are now considered the highest in many years. According to the Vietnam Cashew Association, the cause of the price increase is due cashews condition causing climate change which crop season 2015-2016. Department last thing, the country's output of nearly 400 thousand tons only, down about 30% compared with the previous case that, while the processing needs of enterprises export about 1.3 million tons. Not only that, sources of imports from African countries, India is also more difficult this year. In India, the processors that are also new to push up prices of goods bought for processing. Particularly Ivorian market offers up to 40% of the production of raw material for processing enterprises in Vietnam have also cut production of 100 thousand tons.

    Because of dry goods, many companies importing "distorted face" because partners are not delivered on time, affecting production. There are now accepting additional $ 100 for each ton of goods to back. According to the enterprise, in the washing process has a lot of expenses, if not balance the input costs and selling prices of output, the possibility of loss is very high. Association chairman Nguyen Duc Thanh Vietnam It said that this was the year that prices rose sharply early in the year and cause great pressure for processing enterprises. As expected, 2016 cashew processing industry exports about $ 3 billion and maintains individual exporter is a world leader. USA, Netherlands and China remains the 3 markets of Vietnam Cashew most.


    Source: Dong Nai Newspaper