CashewInformation.com

CashewInformation
News

Home   >   NEWS & VIEWS   >   News

  • Cashew acceleration

    Mar 7th, 2016

    <p></p><p>By 2015, this sector was 2 mark VN create success are clear: First, output reached 330,000 tons of cashew exports, total exports of $ 2.5 billion (the highest ever), accounting for 50% of global trade and individual contribution of 9% of the total export turnover of agricultural VN 2015. <br></p> <p>Monday, with the "rehabilitation of cashew gardens" by VN Cashew Association (Vinacas) initiated, orchard productivity has increased from less than 1 VN tonnes / ha to 1.4 tonnes / ha, help millions of farmers beneficiaries and improved availability of domestic sources of raw cashew for processing, XKl. <br></p> <p>With the above-mentioned positive results, step into 2016, this sector generated VN was soon a new impetus in the production and trading. <br></p> <p>According to Vinacas, in the first 2 months of 2016, though affected by the Lunar New Year holiday perennial, this sector is still exporting 37,000 tonnes of cashew kinds, export turnover of $ 278 million, further increase of 5.3% in volume and 11% in value over the first 2 months of 2015. <br></p> <p>Praiseworthy than the "Cleaner Production Programme" of Vinacas, cashew export quality of VN repeatedly been raised according to strict requirements of many countries, especially the United States, Europe, Australia ... <br></p> <p>This also explains why the production and export turnover of VN thing increasing, an important part is that we have built up friendly look, trust and appreciation of global customers with individual supply products from VN.</p> <p>Change before new developments <br></p> <p>Nguyen Duc Thanh - Chairman of Vinacas said edible nut market has many new developments are quite complex. Especially almonds prices have fallen to 50% impact on the selling price of other types of nuts, including cashews. "Is our cashews are not alone a market, which involves many other nuts," said Thanh said. <br></p> <p>Also, the weather this year has more erratic movements, complex, long dry season, hot weather during the day but fierce sharply at night (high temperature difference) has affected the ability of flowering, fruit. Crop conditions this year and lasts until late, many places to go in mid and late March new harvest. <br></p> <p>In particular, crude prices are at the highest level for many years, while the price in Dong Nai fresh up to 34,000 VND / kg (approximately 30% increase over the same period last year). The price of crude in Africa also up, very easily lead to abuses such as canceling the contract, demanding support price ... <br></p> <p>Meanwhile, export prices of cashew nuts this year is forecast to increase due to the impact from hard work down the price of almonds and other nuts some. This fact leads to a situation, both the buyer and seller are not dare to sign a contract, especially the distant contracts. <br></p> <p>However, according to Nguyen Duc Thanh, general consumption of cashew nuts in the world has tended to increase, especially in the US and the Middle East due to the advantages a strong US dollar and demand for health nuts more and more; Other markets such as China, Australia ... is quite stable. <br></p> <p>In particular, all 12 countries participating in the TPP are traditional customers buy and use individual VN, this is a huge advantage for businesses which our country. <br></p> <p>Mr. Thanh also said: There are many foreign companies from Japan, Korea, Netherlands, Thailand is conducting a survey in VN to build deep-processing plant cashews, targeting the over 90 million people our country and towards exports. Therefore, enterprises must continue to focus VN investment processing, exploiting the domestic market in order to create sustainable added value, avoid losing market share.<br></p><p></p>


    Source: Agriculture Vietnam
Top