Price: €11.00
Member Price: €0.00

Cashews: producers forced to sell at a loss

August 10, 2020 at 1:00 PM , Der AUDITOR
Play report as audio

HANOI. Cashew prices have fallen so sharply in recent months that some manufacturing companies are selling at a loss. There is also a large gap between domestic and export prices.

Producers forced to sell at a loss

Reports state that RCN production has sharply declined in Vietnam between May and August. Problem is that many companies were forced to close or to cut staff. Although supplies are very much limited, prices have so far failed to rise sharply. In some cases, producers have to sell at a loss. The Vietnam Cashew Association (Vinacas) therefore advises smaller companies in particular to refrain from buying RCN at this time if possible. RCN prices are so high they frequently cannot be compensated with selling processed nuts. In addition

View related articles

Go to the News Overview
Nuts
Jul 14, 2025
NEW DELHI. Although prices on the Indian peanut market have declined again, traders are optimistic that this could soon change. Several factors point to price increases in the near future.
Nuts
Jul 10, 2025
ORDU. A court ruling regarding Ferrero could lead to speculative buying on the Turkish hazelnut market. The Turkish statistics office has reduced its forecast for the coming hazelnut crop.
Nuts
Jul 9, 2025
MANILA. Although the coconut market continues to face considerable hurdles, prices for desiccated coconuts and coconut oil are proving surprisingly resilient. The Philippine government wants to support the industry.
Nuts
Jul 9, 2025
PHNOM PENH/ACCRA. While Cambodia and Vietnam are celebrating rising export figures, processors in Ghana are increasingly concerned about their industry. EU cashew imports have increased year-on-year.