🌟 The Vietnam cashew market is seeing key developments this May, with strong demand from major markets balanced by concerns over quality and rising shipping costs. Here are the essential highlights to help you seize opportunities and manage risks effectively.
🔸 Strong demand for large kernels (W180/W240) from the Middle East and China
🔸 W320 prices have softened slightly due to increased supply of smaller kernels from Africa
🔸 West African RCN quality is declining amid heavy rains and logistical disruptions
🔸 Chinese exporters are retrieving containers aggressively, signaling potential freight rate hikes soon
🔸 EU & U.S. buyers remain cautious, prioritizing prompt shipments and quality assurance
📌 Summary: The market remains steady but requires close monitoring of raw material quality and freight costs.
📬 For inquiries, please contact:
thanh@namagro.com
hoang@namagro.com
jasvinder@namagro.com