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Weekly Cashew Market Report |
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Source: Commodity Online November 17, 2007.
The climb continues… during this week, price for benchmark W320 grade moved up more than 4% - 10 cents a lb. Other grades also moved up by around 5 cents. Business was done from India & Vietnam for W240 around 2.90, W320 around 2.55, and W450 around 2.40 FOB. There are reports of sales few cents higher as well. USA was the most active buyer but other markets also participated to some extent.
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Farmers to benefit from warehouse receipts |
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Source: Ippmedia November 4, 2007.
As cashew nut farmers and other stakeholders are skeptical on the performance of the warehouse receipt system, the government is all out to defend poor cashew nut farmers. Staff Writer Lucas Lukumbo reports on the government position.
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Vietnam cashew watchdog petitions for tariff decrease |
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Source: ThanhnienNews November 4, 2007.
The Vietnam Cashew Association (VINACAS) has sought a reduction of tariffs on raw cashew imports as domestic supplies could not meet with production demand for cashew nut exports.
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Cashew exporters call for increased production |
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Source: CommodityOnline November 1, 2007.
KOCHI: Tapping the export potential of cashew and making India a self-sufficient nation as far as cashew is concerned are the major objectives of the Cashew Export Promotion Council of India (CEPCI) during the coming decade.
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Over 111,000 tonnes of cashew nuts exported |
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Source: Vietnam Economic Times October 23, 2007
More than 111,000 tonnes of cashew nuts have been exported so far this year, earning more than 466 million USD.
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