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  • Vietnam: Cashew prices climb

    Apr 18th, 2012

    <p></p><p>Exports of cashew nuts rose consistently over the last five days, with an average increase of US$0.2 per pound (0.454kg), according to the Viet Nam Cashew Association.</p> <p>Over the past few months, cashew nuts W320 price surged from $3.2 to $3.33 per pound. This climb can be partially attributed to the decreasing stockpile of cashew nuts from 2011, which has led to more large volume purchases and contracts. </p><p>There are expectations of further rises in the second quarter as importers prepared themselves for high demand over the winter holidays. <br></p><p></p>


    Source: vietnamnews.vnagency.com.vn
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