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  • Exports of positive in the early months

    May 11th, 2016

    According to the Ministry of Agriculture and Rural Development, cashew export volume in April 2016 was estimated at 32 thousand tons worth $ 244 million, bringing the volume of cashew exports in 4 months 2016 was 91 thousand tons to 689 million, up 7.1% in volume and 14.6% in value compared to the same period in 2015.

    Prices average export cashews first 3 months in 2016 reached $ 7,560 / ton, up 5.5% compared to the same period in 2015. The United States, China and the Netherlands remained third import market is the greatest thing Vietnam's market share was 29.25%, respectively, 18.46% and 12.49% of total export value. First three months of 2016, the market value increased exports of cashew nuts are Holland (32.92%), the UK (31.26%), Germany (38.1%) and Russia (42.9% ).

    Cashew import volume in January was estimated at 35 thousand tons 4/2016 valued at $ 55 million, bringing the total import volume in 4 months which in 2016 reached 143 thousand tons with a value of 224 million, down 27 , 1% in volume and 16.4% in value compared to the same period in 2015.

    After a strong rally in late March, early April 4/2016 as demand for processing purchases increase, the purchase price of cashew nuts in Binh Phuoc has dropped sharply to 31,000 VND / kg, down about 2,000 - 3,000 VND / kg compared to the high price reached in May by being at the end of harvests, low grain quality. However, this is still a fairly high price at this time.

    Source: BDT Communist Party of Vietnam