If Tanzania can Rise the Value of Cashew Trade Why can’t Vietnam? (2)

This entry was posted on Tuesday, November 20th, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Price for premium W320 in India is ₹780+GST/kilo/Goa-Mangalore, i.e., $5/Pound.

Even then, some Vietnamese enterprises are said to be asking immediate raw cashew supply from India.

According to forex experts, the current trend of appreciation in the Indian currency will continue till the general elections. If the Rupee settles around 68/$, even the $5/Pound/F.O.B/W320 will also result in heavy losses.

— Then what should be the selling price of Vietnamese W320? 

— Our answer is – “At least $5/Pound”!

Survival of members should be the goal of the association!

 

 

 

Filed Under: Cashew, Cashew Market, Cashew News, Cashew Prices