05 JAN 2022 First of all – from an Eternal Optimist who strongly believes that tomorrow will be better than today : Best Wishes for a Better Year – personally, professionally, socially – for you and yours. The biggest Cashew news for 2021 was the huge jump in Cambodia RCN export to Vietnam – up … More CASHEW MARKET REPORT – 2021 REVIEW & 2022 OUTLOOK
01 JUNE 2021 After moving sideways in Q1-2021, Cashew market started moving up in April 2021. Vietnam W320 moved up from 2.70-2.90 range in Feb/Mar 2021 to the current range of 3.15-3.30 FOB. Broken grades moved up faster – WS from 1.60-1.80 to 2.20-2.30 and LP from 1.00-1.10 to 1.65-1.75 FOB. Indian market has not moved much in 2021 although there were … More CASHEW MARKET REPORT – 01 JUN 2021
01 JULY 2020 In the Cashew Market – 2020 Outlook report at the beginning of the year, we spoke about the “Googly” (cf. cricket) thrown at the Cashew market in 2019 by Tanzania (holding back the 2018 crop). Now, half way through 2020, talk of the town is the “Chinaman” (again cf. cricket) thrown at … More CASHEW MARKET REPORT – 01 JUL 2020
Some portion of the 2018 Tanzania crop is being processed locally but a very large portion which should have been processed in India & Vietnam between Nov 2018 & Mar 2019 is still lying in Tanzania. This stock of approx. 225,000MT is like a Damocles sword on the cashew market. Until it falls, everyone in … More CASHEW – INVENTORIES + TANZANIA + PROSPECTS – 27 JUL 2019
05 NOV 2018 Cashew prices have come down significantly since the beginning of this year – decline of about 30% from range of US$ 4.75-5.00 FOB in Jan/Feb 2018 to a low of US$ 3.20-3.40 FOB from Vietnam in Sep 2018. At the low end of the range, prices from Africa and India were about … More CASHEW MARKET REPORT – 05 NOV 2018
Samsons Traders 