Ten supermarkets and marts will sell processed cashew nuts, said a statement from the Ministry of Commerce (MoC) on Friday.
The move follows after the MoC met with representatives of 10 supermarkets and marts on July 12. The representatives tasted the cashew nuts and evinced interest in selling the products from 14 cashew enterprises and companies in the supermarkets and marts.
“It is to promote, support, disseminate, distribute and use Cambodian cashew products more widely,” MoC said in a statement.
The ten supermarkets and marts that agreed to display and sell the products include Aeon Mall Cambodia, Makro Cambodia, Lucky Supermarket, Chip Mong Malls, Thai Hout Market, Bayon Market, Big C Cambodia, Tela Marts and Supermarkets, 7-Eleven Cambodia and Cambodian Superstore.
Uon Silot, President of the Cashew Nut Association in Cambodia (CAC), on Sunday described the move as an “important step that the Ministry of Commerce has been working to help” because the supermarkets expect certain standards before selling the products.
“As a stakeholder in the cashew industry, I am very happy because we want to sell more of our products locally rather than import from abroad,” Silot told Khmer Times.
According to the report of the Cashew Nut Association in Cambodia (CAC), the country produced 810,000 tonnes of raw cashew nuts (RCN) in the first six months of the year and 744,300 tonnes were export exported to Vietnam, accounting for about 91.8 percent of the total RCN produced.
The report added that the revenue from RCN has reached $956 million and the average price of dried seeds is $1,730 per tonne or about 7,200 riels to 7,500 riels per kilogram, approximately $1.9 a kilogram.