In 2024, cashew prices in Vietnam continue to fluctuate, influenced by various domestic and international factors. Currently, Vietnam remains one of the largest cashew exporters in the world, but the market faces many challenges regarding supply, demand, and price volatility. 1. Supply and Demand Situation The supply of cashews in Vietnam this...
SVC Cashew is proud to be one of the leading cashew producers and exporters in Vietnam. With a commitment to delivering high-quality cashew kernels to customers, SVC adheres to international food safety standards and a rigorous production process. Currently, SVC exports a wide variety of cashew kernels, including: WW180 WW210 WW240 WW320 WW450 WS (Whole Splits) LP (Large...
In recent years, cashew nuts have become one of the most popular food choices for Vietnamese consumers. Not only known for their delicious taste, cashews are also recognized for their numerous health benefits, such as boosting the immune system and improving heart health. Growth in Cashew Consumption Market reports indicate that the...
The cashew market today is experiencing some notable dynamics. Prices have seen a general upward trend due to a mix of supply shortages and market adjustments. The current market situation highlights the importance of adaptability for processors and buyers alike as they navigate these fluctuations.As of early August 2024, cashew...
The cashew market is facing a supply-demand imbalance, with prices in Europe rising by 74% between April and mid-June due to a lack of supply from key suppliers such as Côte d'Ivoire and Vietnam, along with excessive demand. The price growth has been reversed, yet it remains 42% higher than...
Due to the export prohibition, Côte d'Ivoire's exporters are now unable to meet their delivery obligations. As a result, there is a scarcity of raw cashew nuts for processing, especially in Vietnam. Many contracts in the supply chain, including those at retail, are unlikely to be completed. Prices are quite...
Vietnam's cashew industry is facing a significant challenge due to a raw material shortage, with 90% of materials imported and 70% of factories experiencing reduced operating capacity. This issue threatens the industry's target of generating $4 billion in export revenue in 2024. To combat this, businesses are focusing on deep...
As of July 1, 2024, the price for WW320 grade cashew nuts in Vietnam ranges from USD 6.6 to 6.9 per kilogram FOB Ho Chi Minh City port. This reflects the current market conditions and is consistent across multiple sources. For the United States, the wholesale price for cashew nuts...
This week, the global cashew market underwent significant changes. In Vietnam, the price of raw cashew nuts (ECN) is falling due to decreased demand. Previously, processors were worried during the export suspension from the Ivory Coast, but they now realise that kernel buyers are reluctant to pay high prices relative...
The cashew industry in Vietnam is currently experiencing a global crisis period, as highlighted on VTV1 National Television Station's recent broadcast on June 09th. With a global crisis impacting the cashew situation, factories are facing shortages of raw cashew nuts for production. Consequently, many orders for cashew kernels are either...
