1. Vietnam has already processed most of the domestic crop as well as imports entering from neighboring countries.
2. Indian harvest is still continuing in the central and eastern regions but the most important southern region is facing 40% crop loss.
3. Tanzania is hunting for investors in the cashew sector.
4. Indian buyers have a special liking for the Beninese origin nuts.
5. Nigerian raw cashew exporters are totally looking towards India.
6. Ivory Coast has a tilt towards Vietnam. But a Vietnamese buyer, even though supported by a ‘$3.40/Pound/W320 global market’ has to compete with the ‘$4.80/Pound/W320/market’, i.e the Indian domestic market.
7. — Tough time for the Vietnamese cashew industry.

Related Posts via Categories

• Lockdown shatters in-shell-raw-cashew market in India
• FY 2019-20 ended with a week long shutdown, FY 2020-21 entered bringing additional two weeks of shutdown with it!
• Lockdown on the commercial activity results in sudden collapse
• ‘The show must go on’ even if raw cashew is facing both buyer resistance & seller resistance
• Only 5 months for the Olympics!
• Uncertainty in Raw Cashew due to Heavy Arrivals from East Africa
• Sluggish Trend in North India, Local Exporters are the Main Buyers
• Only 6 months for the Olympics!
• SAVE SELF-EMPLOYED SHOULD BE THE ‘MANTRA’ FOR THE BUDGET 2020-21 (2)
• Holiday Mood in Global Markets & Temporary inactive Period According to the Hindu Calendar