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  • Guinea Bissau sets cashew farmgate price at 61 cents per kg

    Apr 20th, 2016

    <p></p><p>Guinea Bissau has set the farmgate price to 350 CFA francs ($0.6067) per kg for cashews for the April-to-September commercial campaign, a 40 percent increase over the price last season. <br></p> <p>Cashew is the main export crop for Guinea Bissau and aims to export at least 200,000 tons this season, up about 11 percent from 2015, Prime Minister Carlos Correia said at the launch of the cashew season. <br></p> <p>Guinea-Bissau's main trading partner for its crop is India, itself a cashew producer, but it will enter the markets of China and Vietnam this season. <br></p> <p>($1 = 576.9200 CFA francs)<br></p><p></p>


    Source: Reuters
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