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Cashew nut prices
News update regarding cashew nut prices.
The cashew industry is striving to maintain its export target of $5 billion by 2026.
The cashew industry's target of $5 billion in export revenue faces challenges due to disruptions in the supply chain to the Middle East, forcing businesses to shift their focus to the Chinese market and intensify processing...
Market
Cashew prices in Dong Nai have risen to 37,000 VND/kg, but production has dropped sharply.
Despite the improved purchase price of fresh cashew nuts at 35,000-37,000 VND/kg, many farmers in Dong Nai are facing crop failure due to erratic weather, with expected production decreasing by 40%.
Cashew prices in Dong Nai reached 35,000-37,000 VND/kg, but production decreased sharply.
Despite higher purchase prices for fresh cashew nuts compared to the previous season, many farmers in Dong Nai are facing crop failure due to unfavorable weather conditions causing flower drying and fruit drop.
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