Key highlights:
🚀 Exports Surge: Cashew kernel exports are up 22.21% in volume and 30.73% in value this year! This growth highlights robust global demand and the increasing appeal of high-quality cashew products.
⚖️ Tight RCN Supply: Ending stocks fell by 13.8%, reflecting near-full utilization of raw cashew nuts to meet both export and local demand. Supply chains are running lean, keeping the market competitive.
📉 Looking Ahead: While softer demand in Q1 2025 might pressure prices temporarily, strategic buying opportunities could emerge post-Tet.
🎄✨ Merry Christmas & Happy New Year!🎄✨
As the year comes to a close, we want to express our heartfelt thanks to all our customers and partners for your trust and support in 2024. Wishing you and your families a joyful holiday season and a prosperous year ahead.
💡 Have questions about the market or looking for tailored insights? Let’s connect and discuss how you can navigate this dynamic market in 2025!
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Feel free to reach out to our team for any questions or comments.
📧 thanh@namagro.com
📧 hoang@namagro.com
📧 jasvinder@namagro.com