Govt of Vietnam May Control Raw Cashew Import Price

This entry was posted on Friday, March 2nd, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Temporarily, Vietnamese enterprises can make import contracts only if the price is below $1800/Ton. This enforcement will remain for 15 days.

Another official announcement may come after the said 15 days period.

At present, Indian first crop harvest is facing very slow arrivals. So dependence is more on immediate shipments.

If world’s largest importer fixes maximum price limit for the harvest of April & May, then the prices will have to fall below that level!

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