Cashews: exports are slowly recovering

September 17, 2020 at 11:52 AM, Der AUDITOR
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HANOI. Even if export volumes are slowly increasing again, the low export prices continue to cause a tense situation. The exporters' hopes now rest on the upcoming holidays.

Exports increase compared to July

According to estimates by the Vietnam Cashew Association (Vinacas), about 45,000 mt of cashew nuts worth USD 261 million were exported in August. This corresponds to a volume increase of 7.8% compared to July, but compared to August 2019, exports declined by 2.5% and the export value by as much as 16.6%. Total exports between January and August 2020 amount to 312,000 mt worth almost USD 2 billion. Compared with the same period in 2019, the volume of exports increased by 9%, but at the same time the

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