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  • Cashew exports continued to grow in July 2016

    Jul 31st, 2016

    <p></p><p>According to the Ministry of Agriculture and Rural Development, cashew export volume in July 2016 was estimated at 32 thousand tons with a value of $ 251 million, bringing the volume of cashew exports to 189 thousand tons 7 months to 1.46 billion USD, an increase of 2.5% in volume and 9% in value compared to the same period in 2015.Prices average export cashews first 6 months 2016 reached $ 7,694 / ton, up 6.6% compared to the same period in 2015. The United States, the Netherlands and China maintains import market is 3 biggest things of Vietnam. In the first 6 months of 2016, the market value increased exports of cashew nuts is: Netherlands (28.8%), China (23.4%), the UK (27.6%), Germany (17 , 7%), Israel (37.8%) and Italy (25.2%).<br></p> <p>Meanwhile, the volume of imports during the month cashews 7/2016 estimated at 178 thousand tons with a value of $ 267 million, bringing the total volume of imports that the first 7 months of 2016 reached 582 thousand tons with a value of 870 million USD, an increase of 2.9% in volume and 22.3% in value compared to the same period in 2015. <br></p> <p>In May 7/2016, the purchase price of cashew nuts in Binh Phuoc dry after rising to the peak is 44,000 VND / kg (on 11 and 13/7) - the highest level achieved in recent years, the price fell slightly to 43,500 VND / kg. However, this is still quite a high price as of this moment by the amount of cashew nuts in the country has less inventory due to crop failure and the import price of crude output at a high level so that in some countries reduced exports of crude coupled with fierce competition between raw materials Vietnam enterprises and enterprises of China, India, Ivory Coast.<br></p><p></p>


    Source: dangcongsan.vn
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