Mr Harry Ta
Mr Sephilon Dinh
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Mr Hoang Ta
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VIETNAMESE CASHEW MARKET IN MAY 2024: HIGH DEMAND, FLUCTUATING PRICES
The Vietnamese cashew market is gaining significant attention from domestic and international investors and businesses due to its immense growth potential. As the world’s largest cashew exporter, Vietnam plays a crucial role in supplying high-quality cashew nuts and products to the global market.
Vietnamese Cashew Market in May 2024
In May 2024, the Vietnamese cashew market continued to witness dynamic developments, driven by strong domestic and export demand. However, cashew prices also experienced considerable fluctuations due to various factors, including raw material input prices, global economic conditions, and trade policies of importing countries.
1. Raw Cashew Market
+ Raw cashew nut prices on the market vary depending on quality, supplier reputation, and buyer.
+ Prices of Vietnamese and Cambodian raw cashew nuts in the second season are around 24-25% for small nuts and 26-28% for large nuts, an increase of VND 2,000/kg due to rising demand from processors.
+ West African raw cashew nut prices are increasing faster than processed cashew nut prices. Raw cashew nut buying demand is strong, but processed cashew nut prices are not yet in line with raw cashew nut prices.
VIETNAM IS FORTUNATE TO GROW THE 3RD MOST EXPENSIVE RARE SPICE IN THE WORLD: IT TAKES AT LEASTS 3 YEARS TO GROW FRUIT, THE NETHERLANDS AND CHINA ARE RACING TO HUNT FOR IT
VIETNAM IS FORTUNATE TO GROW THE 3RD MOST EXPENSIVE RARE SPICE IN THE WORLD: IT TAKES AT LEASTS 3 YEARS TO GROW FRUIT, THE NETHERLANDS AND CHINA ARE RACING TO HUNT FOR IT
|May, 6th , 2024
SURPRISED WITH THE APPLICATIONS FROM CASHEWS AND PARTS OF THE CASHEW TREE
SURPRISED WITH THE APPLICATIONS FROM CASHEWS AND PARTS OF THE CASHEW TREE
|April, 29th , 2024
Cashew nuts are one of the nutritious nuts that are so famous and familiar to many families. What brings many beneficial uses to humans is that the amount of nutrients in cashews is many times greater than in other types of nuts. Not only finished cashew nuts but also other details of the cashew tree are widely used in today's life. Let's take a look at the wonderful effects of this plant!
VIETNAM’S “TREASURE†ITEM, ONLY 2 COUNTRIES CAN GROW IT, CHINA AND INDIA IMPORT THOUSANDS OF TONS
VIETNAM’S “TREASURE” ITEM, ONLY 2 COUNTRIES CAN GROW IT, CHINA AND INDIA IMPORT THOUSANDS OF TONS
|April, 8th , 2024
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