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  • Optimistic about the market outlook before the Lunar New Year 2015

    Nov 26th, 2014

    <p><strong>A positive signal for the Chinese market is the weekend, China&#39;s central bank unexpectedly cut interest rates declared loans to 5.6% a year. With this information, many businesses expect VN agricultural prices (including nuts) will increase by Chinese enterprises have the conditions for investment and business development of domestic production. In the past week the Chinese market purchases bustling, slightly WW240 and WW320 PLU but still hard to sell. </strong></p> <p><strong>As usual, on this occasion many Chinese delegations to Vietnam to visit and asked to purchase. Refer to price it&#39;s for the EU, North America today: WW320: 3.4 to 3.5 USD / lb FOB in HCM City. With the above information, it is likely in the near future EU and North American customers will have to change strategy and focus increased buying buy to compete with the growing demand of the Chinese market. </strong></p>


    Source: VINACAS
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