Nuts

Cashews: investing in the future

November 30, 2020 11:40 AM, Der AUDITOR
Play report as audio

HANOI. Last week the Vietnam Cashew Association (Vinacas) met in Ho Chi Minh City on the occasion of the 30th anniversary of the foundation. The developments of the last years as well as current problems and future investments were discussed.

More independence in the procurement of RCN

Since the time Vinacas was founded, cashew production in Vietnam has undergone an amazing development. The focus here is on the export of pre-processed kernels, which are shipped to around 90 countries worldwide for further processing. In this sector, Vietnam accounts for around 80% of global exports. The most important markets for Vietnamese products are the USA, China and the EU. However, more and more producers are criticising their position in the value chain, as the products ultimately fetch around thre

View related articles

Go to the News Overview
Nuts
Oct 27, 2021
MADRID/SACRAMENTO. The almond marekt continues its downward trend. US almonds have declined sharply in price in Europe. Exports have started off well in Spain in 2021/2022.
Nuts
Oct 27, 2021
BEIJING/SACRAMENTO. The International Nut and Dried Fruit Council (INC) and the US Department of Agriculture anticipate sharp declines in walnut production in some countries in their recently issued estimates. China is, however, a noted exception. Production remains high here.
Nuts
Oct 25, 2021
ORDU. The Turkish lira has slumped to a new record low against the euro and USD after President Recep Tayyip Erdogan decided to expel ten ambassadors on Saturday. Traders, however, point out that the situation is not quite as simple for hazelnuts as buyers in Europe would like. The exporters are in trouble and Ferrero should not be underestimated.
Nuts
Oct 20, 2021
ATLANTA. As the American Pecan Council states in its year-end report, both growers and exporters can be satisfied with the pecan season 2020/21. China made a significant contribution to this.