<p></p><p>Most exporters and importers of cashew nuts in the world have signed contracts for the first months of 2019. The market entered a quiet period of traditional holidays in late 2018. Information from the Vietnam Cashew Association (Vinacas), the market has stabilized a bit when large buyers stay. However, the transaction is still limited.</p> <p>W320 cashew nuts are being traded at $ 3.7 - $ 3.75 per lb. This price is sold by the average packhouse. Top packers are not present in the market as they have already sold a certain amount for shipments until January 2019. Customers to buy, "for" the traditional Chinese style 1 </p><p>With some good quality packers, the W320 may reach $ 4 to $ 4.1 per lb in the United States. A number of BRC certified processors (the standard of the British Retailers Association) can get a slightly higher price than a week ago. The slight increase recorded in some markets has encouraged domestic transactions. But in general, world prices last week remained relatively stable. The pace of new contracts is starting to slow.According to Vinacas, in the past month or so, most exporters and importers have signed contracts for the first months of 2019. Trading activities are preparing for the quiet of traditional holidays throughout. place. </p><p>Specifically, since early December, cashew kernel prices continue to decline. There are big differences between the two main markets: Europe - USA and China. In Europe and US markets, the W320 standard is being traded at $ 3.5-3.6 / lb for delivery time from March to June2019. A few transactions for fast delivery times are priced at $ 3.65 - $ 3.70. The market is quiet and slow, not many successful transactions show that reserves for winter-spring consumption has enough. The demand for additional purchases for fast delivery is not high; There is no successful trading for long distance. </p><p>The situation also shows that buyers are cautious when waiting and expecting the harvest. At that time, the price will fall below the current level. The majority of European and American customers said that prices for new crops from March to April 2020 would fluctuate slightly at $ 3.4. The other few are more pessimistic, but not less than $ 3.40. </p><p> </p>In China, although there are nearly two months to the Lunar New Year, but last week showed that demand and prices dropped significantly, the market is no longer exciting. This reflects the demand for stocking storage for the Tet holiday was temporary. Moreover, the new regulations of the customs and taxation of China changed. The regulation obliges all importers to enter the main sugar quota and pay import duties which have made prices of cashew nuts imported from Vietnam higher.<p></p><p>According to Vu Thai Son, Director of Long Son Cashew Export Processing Company, cashew nuts of Vietnam will no longer have competitive advantages as before. This also affects the purchasing power and consumption of Vietnamese cashew nuts in China. The price of the kernel and the roasting salt for China is also different depending on the supplier's assessment of Chinese buyers. Suppliers of good quality, good quality and long-lasting buying and selling relationships will have better prices. </p><p>According to Vinacas, the spot price of W320 for China is currently at $ 8.8- $ 9.3 / kg FOB depending on the supplier. The price of roasted salt with silk shell in the range of 8.8 to 9 USD. Customers to buy the unit, "for" the new model 4 It is a difficult situation for Vietnamese exporters to actively seek markets for products and foodstuffs that meet the quality of food hygiene and safety. Vinacas forecasts that cashew nut prices will continue to be subdued until March 4, 2019 when roasters begin purchasing contracts for 2019. According to Pham Van Cong, chairman of Vinacas, the market this year shows that roasters and consumers in Europe and America have applied tactics not bought as far as previous years. This poses a difficult situation for Vietnamese exporters; It requires the manufacturer to be very active, actively seeking the market for cashew kernel. </p><p>At the same time, it is necessary to have a synchronous solution, from enhancing competitiveness, satisfying quality of food hygiene and safety, timely delivery, fast and accurate export documents, after-sales service. General assessment, representative Vinacas said that besides great opportunities, 2019 is still a great challenge for cashew processing and trading companies in Vietnam. In the first 11 months of 2018, Vietnam exported 336,908 tons of cashew nuts; worth $ 3.07 billion ($ 9,112 per ton). In the same period of 2017, 322,524 tonnes were worth $ 3.21 billion ($ 9,952 a tonne).<br></p><p></p>