🔸 The weak USD/FCFA exchange rate has led to an increase in Raw Cashew Nut (RCN) prices, putting pressure on processors and buyers alike.
🔸 The recent visit of China’s President Xi Jinping to Vietnam may open new opportunities for enhanced bilateral trade — including in the agricultural sector.
🔸 Meanwhile, concerns over potential U.S. tariffs continue to loom, even with the 90-day delay. This has kept buyers cautious and contributed to ongoing price volatility.
Stay tuned as we continue to monitor these developments closely.
Feel free to reach out if you’d like to discuss market trends or explore sourcing options.
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Our team:
📧 thanh@namagro.com
📧 hoang@namagro.com
📧 jasvinder@namagro.com