Cashews: exports are slowly recovering

September 17, 2020 11:52 AM, Der AUDITOR
Play report as audio

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

View related articles
Go to the News Overview
Aug 4, 2021

Cashews: RCN supplies are not the issue

REUS/HANOI/NEW DELHI. The International Nut and Dried Fruit Council (INC) reckons that global cashew production will be similar in size to the current season in 2021/2022. Drought will, however, partly impact production in Africa. Prices have , meanwhile, turned in different directions in Europe and in India.
Aug 3, 2021

Almonds: exports top expectations

MADRID/SACRAMENTO. Exports in May have taken Spain by surprise. Issue is that more almonds were shipped overseas than anticipated. The strong export season in the US also has its downsides as market players are now voicing concerns that carry-over supplies will not be able to meet demand until the new crop arrives.
Aug 2, 2021

Macadamias: production estimates slashed for Australia

REUS/PRETORIA. While the International Nut and Dried Fruit Council (INC) still reckoned that Australia would become the world's leading producer for macadamias in March, things have changed now. Issue is that adverse weather conditions have impacted production here. Global production estimates have also been revised downwards.
Aug 2, 2021

Brazil nuts: production declines send prices flying

REUS. Prices for Brazil nuts have been on the rise for months. The International Nut and Dried Fruit Council (INC) now estimates that global production is set to decline by more than 17% in 2021/2022. Prospects are anything but encouraging in Bolivia and in Brazil at present. In Peru the situation is, however, entirely different.