Market news: the price for raw cashew on 08th March, 2016 (VINACAS updated at 17:00):


Today, volume of Ivory Coast cashew nut which farmers sold started to increase, the forecast of 1-2 weeks, domestic sales prices of Ivory Coast will be stable, the market price today is CNF 1.420-1.425 USD/Mt Ho Chi Minh city. HCM for recovery of 48 lbs/80kgs; sale prices 1450-1455 USD/mt for every 49 Lbs. Noted that quality in Ivory Coast this year is better than last year, signed 49 Lbs / 80 Kgs contracts. The customers can expect to receive quality goods over 49 Lbs / 80 Kgs if the end of March 2016.


Binh Phuoc: Long Ha Commune(Phu Rieng), the cashew farmer with branded "Witch transplant cashew tree," "King of transplant cashew" prices higher than the market from 2.000-3.000 VND/kg, the harvest cashew is, the volume trades purchase it. Meanwhile, what of the other gardens traders buying low and selling at prices 32500-33000 VND / kg due to the Phu Rieng's recovery generally low, small kernel, high shriSourse: Vinacasnkage after exposure.


- Dong Nai: Security Telecommunications Cooperative (Bom, Dong Nai), it is pretty low shrinkage after exposure, workers recovered 30-31%, the number of particles from 180-195 nuts / kg, bought 32500-32800 VND / kg, sold 33000-33200 VND / kg, the price slightly lower than yesterday.


- Ba Ria - Vung Tau (Xuyen Moc): depending on quality fresh, dealers sold 32000-32500 VND / kg. It branded the "King of intensive cashew" that cost more than 2,000 VND / kg compared to the market price. Some gourmet assessing the Xuyen Moc with smell, taste outstanding characteristics compared with other regions.

- Cashew in Cambodia, at Hoa Lu border (Binh Phuoc), depending on the quality of fresh price 32500-33000 VND / kg. Article dry sale price 1435-1440 USD / Mt. Customer focus tends to Cambodia to see the goods by the beginning of the Ivory Coast and Vietnam prices are too high.


Sourse: Vinacas




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