Price: €11.00
Member Price: €0.00

Cashews: are speculators taking advantage of the RCN shortage?

December 17, 2020 at 2:30 PM , Der AUDITOR
Play report as audio

HANOI. In the first eleven months of the year, Vietnam imported nearly 17% less RCN than in the same period last year. The shortage of raw nuts could motivate speculators to buy.

RCN imports down

Vietnam imported about 73,000 mt of raw cashew nuts worth USD 87 million in November. This brings total imports in the first eleven months of 2020 to 1.27 million mt, valued at USD 1.56 billion. Compared to the same period in 2019, this represents a drop in volume of almost 17%, according to the Vietnam Cashew Association (Vinacas). Most of the RCN were imported from Cambodia, Ghana and Côte d'Ivoire, according to the Ministry of Agricultural Processing and Market Development.

40% of the new crop from Tanzania are already sold

View related articles

Go to the News Overview
Nuts
Jun 30, 2025
NEW DELHI. Farmers in India are keen to purchase high-quality seeds to sow peanuts. Edible oil is trading lower. Yields have risen sharply in the state of Uttar Pradesh.
Nuts
Jun 26, 2025
ORDU. Bids did not live up to the TMO’s expectations in last week’s tender for hazelnuts. Wide price gaps prevail. Good news concerning the 2025 crop has emerged in the orchards. Economic indicators are somewhat promising for Turkey.
Nuts
Jun 23, 2025
NEW DELHI/HANOI. Low prices and sluggish demand have forced processors to close in India. With high US import tariffs prevailing for Vietnam, trading has shifted towards China. Demand for cashews is back on track in Europe.
Nuts
Jun 23, 2025
NEW DELHI. Suppliers in India are gearing up for buyers in China. For exporters the market is very competitive for peanuts.