Will the F.O.B Kernel Market Breach $5.00/pound/W320 Before Q3? (2)

This entry was posted on Wednesday, May 1st, 2019 and is filed under Cashew.

Things are now in the hands of the government of Vietnam. If the officials’ cancel the unreasonable export target and take a realistic view about the quality and quantity of available raw cashew, everything will change according to their wish and will.

Profit is the prime motto of the business. If the government fixes a minimum export price to make the industry profitable, then the market will move above that level. If they fix $5.00/LB/W320, all grades will move accordingly.

COMING SOON: WORLD CASHEW.COM OPEN REQUEST TO VINACAS TO FIX MINIMUM EXPORT PRICE FOR W320

Filed Under: Cashew