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  • Cashew exports can accelerate in the fourth quarter? 10/08/2021

    Oct 8th, 2021

    According to the Import-Export Department (Ministry of Industry and Trade), in September, cashew exports reached 50,000 tons, worth $340 million, up 6% in volume and 9% in value compared to August. Generally, in the first 9 months of the year, the export value of treaties is estimated at 425 thousand tons, worth 2.6 billion USD, up 17% in volume and 15% in value over the same period in 2020. remove all the necessary parameters into the iv Cashew exports of Vietnam in the period of 2019 - September 2021. (Source: Import-Export Department) According to estimates, the average export price of cashew in September reached 6,800 USD/ton, up slightly compared to August and up 14% compared to September 2020. However, in the first nine months of the year, the average export price of cashew nuts was estimated at $6,237 per ton, unchanged from the same period in 2020. The Vietnam Cashew Association said that the cashew kernel market at the end of September was quite quiet and is expected to last until the end of October because currently inventories in the US, Europe and goods being transported at sea are still high. Some roasters asked importers to delay delivery because of inventory. Cashew prices tend to decrease slightly because many factories are trying to push goods, can't wait for cashew prices to increase. remove all the necessary parameters into the iv The average export price of cashew nuts in the period of 2019 - September 2021. (Source: Import-Export Department) However, about the general outlook in the fourth quarter, the Import-Export Department forecasts that sales will increase sharply because the end of the year is the peak season for cashew nut consumption in markets such as the US, Europe, and China. Besides, the state of social distancing in the country is also being eased, making production and transportation activities more convenient.


    Source: http://www.vinacas.com.vn/
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