Cashew market world


India market will act to prepare for light festival " Diwali" during 5 days from 11/11/2015

In this important occasion, the Indian people often give to family members, close friends and partners sweet gifts (candy cashew, almond, ...). Demand for purchase on the Feast of the forecast increase in northern and western India. Currently demand is focusing on the group's advanced tanks (WS, LP, ...) and natural human-sized group (W180, W210, W240), but due to the low supply of labor costs as well as private pools high quo , WS (premium) is sold at $ 9.6 / kg (market Goa-Mangalore). At this price, the seller of India said it was not feasible because the cost of processing and materials this year is too high.

Along with the evolution of the Indian domestic market, most experts predicted that world market conditions will have a positive change in the first half of the fourth quarter / 2015 when all markets from Europe US to Europe and Asia will have to concentrate on the most important shopping period of the year - the Christmas and New Year 2016. In the past week, had plenty of interested visitors start buying again, some contract traded away subscribe to June 11/2015.

In China, the first shopping service mid-autumn festival has ended and now buyers are summarized recent sales campaign and continue to observe and wait for the best round of the evolution of the market to focus buying for and year-end 2016 Tet calm.

Refer to individual export prices from Vietnam to North America, EU, Australia today: (Unit: USD / lb FOB Tp. HCM): W240: 3.55 to 3.65; W320: 3.35 to 3.5; W450 / SW / LBW320: 3.15 to 3.25; DW: 3.05 to 3.15; WS / WB: 3.1 to 3.2; LWP: 3.0 to 3.1. 

the source: vinacas


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