Cashew
Cashew
Cashew Market Update
Hello! We're excited to share our latest insights on the cashew market: 🔶 Ghana's RCN prices are rising due to delays in the first flush, while Ivory Coast's supply is uncertain. 🔶Vietnam and Cambodia's crop progress is slower than usual. 🔍 Key Takeaway for you: Buyers should plan to cover their needs in time, as crop delays at origins may... Continue reading
Cashew Market Update
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... Continue reading
Cashew Market Update
Curious about where the cashew market is headed? 🌍 Here’s the latest scoop: - By October 2024, Vietnam's cashew exports hit 650,400 tons and $3.83 billion, exceeding annual goals with strong growth. - High raw cashew costs and low availability of raw nuts raise concerns about sustaining processing until Vietnam new crop starts in mid-Mar 2025. 📈 Check out our... Continue reading
Cashew Market Update
🌰 Cashew Market Update 🌰 As we move into the final quarter, the cashew market shows several noteworthy trends: We anticipate cashew kernel prices to increase in the coming weeks due to current market dynamics: ✅ RCN Shortage: The limited availability of raw cashew nuts (RCN) is putting pressure on processing operations, leading to supply constraints. ✅ Tanzanian RCN Prices:... Continue reading
Cashew Market Update_25 October 2024
Curious about where the cashew market is headed? 🌍 Here’s the latest scoop: 🌐 In the short term, cashew prices are staying firm as raw material costs remain high—supplies are tight, and prices just aren’t aligning! Expect this firmness to continue as producers juggle supply challenges. 🌍 While the U.S. and EU markets have slowed down, the Middle East is... Continue reading
Cashew Market Update_14 October 2024
The cashew market is heating up, with raw cashew nut prices soaring across major origins. What’s driving this surge? • 📉 Low end-season inventories putting pressure on supply • 🌎 Southern Hemisphere supply concerns struggling to meet demand Meanwhile, 📈 kernel prices are rising in response to higher raw material costs and intensified domestic procurement. 🌟 The market is buzzing... Continue reading
Cashew Market Report _ September 27th, 2024
🌱 The cashew market in Vietnam is on the rise! Here’s a quick look at the latest market trends: 🔹 Upward Price Trend: Local prices are increasing rapidly. We recommend securing your shipments before prices increase further! 📈🚀 🔹 Surging Global Demand: Particularly from the Middle East and Europe, where preparations for the upcoming winter season are driving increased purchasing... Continue reading
Cashew Market Update _ 19 September 2024
🥜 Weekly Cashew Market Snapshot 🥜 Here’s the lastest news from the cashew market this week: • The Vietnamese cashew market is holding firm, with steady prices since last week. 📈 Demand is back, but it’s not strong enough to crack a price rebound just yet. • Concerns over supply shortages are growing, and Vietnamese processors are being cautious, focusing... Continue reading
Cashew Weekly Update _ 10 September 2024
Key Highlight: 🔻 Supply Impact: Many small cashew households have shut down due to non-parity, potentially leading to a temporary shortage for the year-end season. 📈Demand: Western countries and the US have resumed demand post-summer, though transactions remain scarce. Meanwhile, the Middle East is showing strong interest as they aim to build up stock in preparation for the upcoming... Continue reading
Cashew Market Update
🌰 Cashew kernel prices are expected to rise in the last quarter of the year due to increased demand and the continued high cost of raw materials. 📈 Currently, due to high prices, demand for off-grades is stronger compared to main grades. Stay updated on market trends and make informed decisions! Follow our page for more regular updates and insights.... Continue reading