Cashew Kernel Price Today
Cashew Kernel Price Today, July 21, 2017
W240: 5.20-5.25; W320: 5.05-5.15;
W450/ SW320/ LBW: 4.9-4.95;
DW: 4.5-4.6; WS/WB: 4.35-4.6;
LP: 3.75-3.85 (SP: Limited)
(Unit: USD/ Lb FOB HCMC/ Flexi packs)
Note: The above selling prices for non-Chinese markets/ Prompt shipment.
Thứ Sáu, 31 tháng 5, 2013
Thứ Ba, 28 tháng 5, 2013
Thứ Hai, 27 tháng 5, 2013
The Indian Council for Agricultural Research (ICAR) has begun the process to patent the process of manufacturing Feni (spirit made from either coconut or the juice of cashew apple) in consultation with legal experts, who have prepared a water tight case to be presented before the authorities concerned.
Chủ Nhật, 26 tháng 5, 2013
On 16-19 September 2013, the African Cashew Alliance (ACA) will hold the World Cashew Festival and the Expo13 in Lagos, Nigeria at the Eko Hotel Suites. Cashew farmers, processors, traders, exporters, services providers, retailers, equipment manufacturers, bankers, and governments will certainly convene again to shape tomorrow’s cashew industry.
The 2013 World Cashew Festival will be a unique platform from which to do business, exchange practices, and learn from experts from around the world. The World Cashew Expo13 will offer opportunities to meet with equipment manufacturers and service providers. This year the Cashew Festival’s focus will be put on one of the industry’s most significant multipliers: cashew consumption and its forces. In future years an increase in consumption of African cashew will boost emerging markets and offers huge business potential to be tapped by local and foreign investors.
On its 300,000 hectares of cashew farms, Nigeria produced a total of 85,000MT of nuts in 2012, making it the fifth largest producer in Africa. In 2012 Nigeria had an installed processing capacity of about 42,000 MT while actually processing about 30,000MT. With a population of 150 million people Nigeria is the most populous country in Africa, making it one of the most promising potential consumption markets.
“I’m very encouraged. This is the first time I’ve come to West-Africa. There are large investments and smaller investments – it’s happening now. The food quality is building quickly. The supply chain is set up to handle raw seed – it’ll just switch to handling kernels’,' an international buyer referred at the 7th ACA Annual Conference in 2012 Cotonou, Benin.
The development of the cashew industry in Africa
Formerly neglected as an important force in cashew business, the African cashew sector has become a highly visible contributor during the last 10 years. With a yield of more than one million tons of raw cashew nut in 2012, that is 45% of the world’s total crop, Africa is now the world’s largest producer of RCN. Between 2011 and 2012 processing has increased from 82,000 tons to 115,000 tons, and continues to show rising tendencies – these promising prospects draw investors from all parts of the world.
For more information:
African Cashew Alliance
Tel: +233 0302 77 41 62
Thứ Năm, 23 tháng 5, 2013
Thứ Bảy, 18 tháng 5, 2013
May 16, 2013
Thứ Năm, 16 tháng 5, 2013
ACA debuts at ABePEC’s first Trade Fair for Cashew, Shea, Borderless, and Pineapple Alliances in Parakou, Benin
This important promotional event was inaugurated by Mrs. Marie-Elise Gbedo, Minister of Industry, Trade and Small and Medium Enterprises, and comes just days after the working meeting between the Minister of Trade and the major players behind the Trade Fair.
Thứ Tư, 15 tháng 5, 2013
May 15th, 2013
Thứ Ba, 14 tháng 5, 2013
Tue May 07 2013
Thứ Ba, 7 tháng 5, 2013
KOCHI: Slack buying from Europe and high raw nut prices have caused a 21% plunge in the cashew kernel exports from India. The sharp fall in quantity has not been reflected fully in the value, which dropped by 8%, as the unit price was higher during most part of the year.
Cashew exports totalled 1,03,645 tonne, valued at Rs 4,046 crore, for 2012-13 as per the initial estimates. Higher price of the raw nuts and lower price of kernel exports led to a squeeze in shipments towards the end of the year.
"The economic problems in Europe hit cashew exports. Though the US was active, we were able to sell more there compared to a year ago in the absence of Vietnam," said Hari Krishnan R Nair, chairman of the Cashew Export Promotion Council of India (CEPCI). In terms of value, it is still the second-biggest year for cashew exports, he added. All-time-high in cashew exports happened in 2011-12 when it touched Rs 4,390 crore.
Earlier, the exporters had the cushion of domestic market when the exports were bad. But last year, they were troubled by the rising import of cashew kernels. Since the imports were under-invoiced to lessen the impact of 35% import duty, these kernels were cheaper than the locally-produced ones.
The government is planning to double the duty to discourage such imports, which are coming from Vietnam and Brazil. "We asked the government to consider fixing a duty per kg for imports to prevent under-invoicing," said P Somarajan, proprietor of Kailas Cashews.
Towards the end of the year, the global prices of cashew kernels dipped, putting the exporters in a fix as they had purchased the nuts for processing at a higher price. India imports over half of its requirement of raw nuts of 14 lakh tonne. The price of raw kernels from Africa zoomed to $1,050-1,100 per tonne during the year before dropping to the present level of $800-900 per tonne.
sOURCE: tHE eCONOMIC tIMES
The National Cashew Association of Nigeria (NCAN) organized a hugely successful Access to Finance Conference on Tuesday 23rd April 2013 in Lagos, Nigeria. Present at the well attended event were major stakeholders along the value chain in the Nigerian cashew sector, as well as major financial institutions including NEXIM Bank, Ecobank and Fidelity Bank.
Thứ Tư, 1 tháng 5, 2013
Editor: Hou Qiang
NEW DELHI, APRIL 27:
Cashew prices rose by Rs 5 per kg in the national capital on Saturday largely on the back of fresh buying by retailers and stockists amid low stocks.
Tight supplies from growing regions also supported the upside in prices. Cashew kernel No 180, No 210, No 240 and No 320 rose by Rs 5 each to conclude at at Rs 735-755, Rs 675-700 Rs 595-615 and Rs 515-565 per kg, respectively.
Market participants said increased buying by retailers and stockists to meet marriage season demand against tight supplies from growing regions, mainly pushed up cashew prices.
The following are today’s quotations (per 40 kg): Almond (California) Rs 13,800 Almond (Gurbandi-new) Rs 7,200-7,600; Almond (Girdhi) Rs 3,500-3,700; Abjosh Afghani Rs 8,000-20,000.
Almond Kernel (California-new) Rs 490-500 per kg, Almond Kernel (Gurbandi-new) Rs 350-450 per kg.
Source: Business Line