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  • Many orders for cashew nuts have been signed until mid-April

    Dec 26th, 2017

    <p>Currently, many orders of cashew nuts have been signed until mid-April 1818. In the US market, cashews are considered healthy snacks, are being processed to become substitutes for butter and milk. In India, the largest consumer market for cashew nuts, a growing middle-class segment, is also fond of adding cashew nuts to biscuits and sweets for weddings and birthdays.</p> <p>Meanwhile, Vietnam&#39;s cashew industry is gradually improving its quality and competitiveness in the market. More than 10 large enterprises, members of Vietnam Cashew Association (Vinacas) have signed contracts to associate production and consumption of products under the model of large field with Farmers and cooperatives produce cashew nuts according to clean and organic standards.</p> <p>Recent export situation, according to the General Department of Customs, in November, export volume reached 32.4 thousand tons worth $ 326 million, bringing the total amount of cashew exports in 11 months to 324 thousand tons with a value of 3 , $ 21 billion, up 1.1% in volume and 23.7% in value over the same period in 2016.In 11 months 2017, the average price of cashew nuts at USD 9,926.3 per ton, up 22.3% over the same period last year. Cashew nut W320 is the largest category of cashew nut export of Vietnam, reaching 65.6%.</p> <p>PV</p>


    Source: Hai Quan Newspaper
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