MAY 25, 2020 WEEKLY MARKET PRICE UPDATE

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25/05/2020 09:56:57

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Cashew nut exports have passed the period of low growth?

(July 20, 2023) Cashew nut exports have passed a period of low growth? After nearly two years of silence, in May 2023, cashew nut exports increased by 11.7% in volume and 11.4% in value, reaching the highest level since July 2021. However, in June 2023, cashew nut exports only increased slightly in volume of 2.9%, down 0.4% in value. So is cashew nut exports really flourishing?

Cashew nut exports grow for the 4th month in a row

(June 8, 2023) Cashew nut exports grew for the fourth consecutive month After a sharp decline in the first month of 2023, Vietnam's cashew industry has had 4 consecutive months of good growth in export turnover, mainly due to an increase in volume and a rebound in prices.

The average export price of Vietnamese cashew nuts is at a record low, the No. 1 position in the US is shaken

(December 23, 2022) The average export price of Vietnamese cashew nuts is at a record low, the No. 1 position in the US is shaken In November 2022, the average export price of Vietnam's cashew nuts was only $5,676/ton, down 7.2% compared to October 2022 and down 12.7% compared to November 2021. In the first 11 months of 2022, Vietnam's average export price of cashew nuts reached US$5,959/ton, down 5.2% over the same period in 2021. Cashew nut exports grew, but prices continued to fall