(August 24, 2018) Export price of cashew nuts increased sharply

The average export price of cashew nuts in the first 15 days of August increased again, reaching more than 10,000 USD/ton.

In the first 15 days of August 2018, the average export price of cashew nuts reached US$10,015/ton, up 12.6% compared to the first 15 days of July 2018, compared to the first 15 days of August 2017, an increase of 18.3 %.

The Ministry of Industry and Trade, citing statistics from the General Department of Customs, said that in the first 15 days of August 2018, cashew nut exports reached 17.4 thousand tons, worth $174.88 million, up 30.2% in volume and increased by 46.7% in value compared to the first 15 days of July 2018, compared to the first 15 days of August 2017, increased by 16.3% in volume and increased by 37.6% in value.

Accumulated from the beginning of the year to August 15, 2018, cashew nut exports reached 204.8 thousand tons, worth USD 2.02 billion, down 8.1% in volume and 4.4% in value over the same period. term 2017.

It is known that in July 2018, cashew nut exports reached 32.7 thousand tons, worth 286.64 million USD, up 1.3% in volume, but decreased by 2.2% in value compared to June / 2018. 2018, compared to the same period in 2017 decreased by 10.6% in volume and 24.3% in value. Accumulated in the first 7 months of 2018, cashew nut exports reached 207.6 thousand tons, worth 1.98 billion USD, up 10.8% in volume and 7.5% in value compared to 7 months of 2017.

According to the Ministry of Industry and Trade, in the first 15 days of August, the average export price of cashew nuts reached US$10,015/ton, up 12.6% compared to the first 15 days of July 2018, compared with the first 15 days of August/ 2017 increased by 18.3%. Accumulated from the beginning of the year to the first half of August 2018, the average export price of cashew nuts reached $9,859, up 4% over the same period in 2017.

In July 2018, the average export price of cashew nuts to the Singapore market increased sharply by 18.6% compared to June 2018, while the average export price of cashew nuts to the markets of Hong Kong and Belgium increased slightly. ,first%. On the other hand, the average export price of cashew nuts to other markets decreased, including Japan (-0.5%); France (-8.6%); Taiwan (-6.9%); Germany (-5.5%).

Tung Anh

Source: Thi Thuc Tre