Cashews: producing countries want more independence

March 8, 2021 at 12:16 PM , Der AUDITOR
Play report as audio

HANOI. To coincide with the International Cashew Conference, which was supposed to have taken place last weekend in Ho Chi Minh City, the Vietnam Cashew Association (Vinacas) published a summary of the most important developments in the Vietnamese cashew market. The conference was postponed to the Q4 of 2021 due to the pandemic.

Vietnam remains top exporter

According to Vinacas, Vietnam started exporting cashews in 1990 when 286 mt were shipped overseas. The market and, in correlation, the cultivated areas expanded rapidly, so that the country managed to become the top cashew exporter for the first time in 2006. Until the pandemic-stricken year 2020, Vietnam was able to maintain this top position throughout, and even though the coronavirus brought various difficulties in the transport sector and the lowest export prices ever recorded, the pandemic could not shake it - Vietnamese cashew expo

View related articles

Go to the News Overview
Nuts
Nov 25, 2024
NEW DELHI/BUENOS AIRES. Prices for Indian peanuts are currently volatile and there is disagreement as to whether they will rise or fall in the coming weeks; both seem possible. Argentine market players are facing numerous challenges.
Nuts
Nov 25, 2024
FRESNO. Domestic demand is strong for US pistachios. Exports to China have slumped. Water is an issue in California.
Nuts
Nov 22, 2024
ORDU. While producers are patiently waiting for Ferrero to conduct the next move, producers are holding back incredible volumes of hazelnuts in Turkey.
Nuts
Nov 21, 2024
BRUSSELS. Eager suppliers are urging customers to act fast for pine nuts in China and Turkey. As recent import statistics show Russia’s export duties have failed to impress buyers in the EU this season so far..