Nuts

Cashews: limited supplies in Europe

May 26, 2021 11:53 AM, Der AUDITOR
Play report as audio

HANOI. While production is set to decline in Vietnam, prospects are much more encouraging in Western Africa. Shipping cashew nuts overseas is, however, a challenge. As India is struggling with the pandemic, there is little hope that exports will revive this year.

Production set to decline in Vietnam

Although production is expected to be good in Cambodia, the situation is different in Vietnam, where production may range 20-30% lower than anticipated. Issue is that strong rain has caused severe damage and disrupted drying. Prospects are, by contrast, highly encouraging in Western Africa as most producing countries are reckoning with an average or very good crop. Harvesting has nearly been completed in Côte d'Ivoire and is about to start in Guinea-Bissau, the Gambia and Senegal, where estimates are promising.

View related articles

Go to the News Overview
Nuts
Sep 15, 2021
SACRAMENTO/MADRID. Although US almond production is expected to range lower, arrivals are currently 14% up on last year. As harvesting started early arrivals have risen. Buyers and Europe and China are taking advantage of large supplies.
Nuts
Sep 14, 2021
BEIJING. Demand for walnuts is up in China as local processors are busy obtaining sufficient supplies for the Golden Week, which is celebrated on 01-07 October. This has largely impacted prices. Prices are too high for some buyers.
Nuts
Sep 13, 2021
ORDU. Traders report that the hazelnut season has not started properly in Turkey yet. Issue is that unstable weather conditions have delayed drying. Arrivals are low and trading is still to revive. Growers are very much satisfied with prices at present.
Nuts
Sep 6, 2021
ORDU. As delays in drying hazelnut kernels at Turkey’s Black Sea coast are now impacting supplies in Europe traders urge buyers to consider a more effective supply chain management. Long queues are being reported in front of the TMO as growers are intent on selling to the state-run organisation. Prices have drifted far apart.