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 Ba, 26 tháng 11, 2013
Thứ Tư, 20 tháng 11, 2013
Chilean nut exports, up to week 45, amounted to 16,314 tons of shelled nuts and 10,604 tons of unshelled ones (a volume equivalent to 21,208 tons of shelled walnuts), totalling 37,522 tons exported, 21% more than in the same date last year.
Chủ Nhật, 17 tháng 11, 2013
Thứ Sáu, 15 tháng 11, 2013
Thứ Tư, 13 tháng 11, 2013
Thứ Bảy, 9 tháng 11, 2013
PANAJI: The Indian Council of Agricultural Research, Old Goa, (ICAR) is carrying out field trials with a new product, sealer-cum-healer developed by the Indian Institute of Horticulture Research (IIHR), Bengaluru, for the management of a vexing pest, cashew stem and root borer CSRB).
The pest is considered a serious one, severely affecting cashew plantations in the state. The pest quietly grows inside the tree trunk and strikes when the cashew tree starts yielding fruit. The tree withers and dies, ICAR sources said.
Thứ Hai, 4 tháng 11, 2013
Chủ Nhật, 3 tháng 11, 2013
THERE is need to inject funds in the growth of Micro Small Medium Scale Enterprises (MSME’S) in Western Province to stimulate rice and cashew nuts production, Mongu District Business Association (DBA) chairperson Euodia Mukosha has said.
Ms Mukosha said both the rice and cashew nut growing schemes in the area were viable and all that was required was to empower MSME’s with access to capital to add value to the agriculture produce.
“We feel that both the rice and cashew nut growing industries in Western Province are viable and the only thing required is start-up capital that will enable us add more value to these crops that grow so well in the area.
“For instance Mongu is ideal for cashew nut production and people in the town just need the technical and financial support to establish themselves and reduce their dependency on donor funding,” Ms Mukosha said.
She said through partnerships with both local and foreign investors, the ability of MSME’s adding value to the crops would also help grow Zambia’s food export industry and make the country a regional food hub.
By JAMES KUNDA -
Source: Times of Zambia
FOB prices in Week 44 : W240 US$ 3.70 to 3.85 W320 US$ 3.20 to 3.30 W450 US$ 2.95 to 3.05 SW320 US$ 3.00 to 3.05 SW360 US$ 2.80 to 2.90 SSW US$ 2.40 to 2.50 Butts US$ 2.40 to 2.45 Splits US$ 2.20 to 2.30 Large Pieces US$ 1.45 to 1.55
During October 2013, the cashew market has been very steady with W320 trading in the 3.15-3.30 FOB range. By middle of Oct, most of the lower offers for W240 and W320 were taken out. During Sep & Oct, good volume was traded at the lower and middle of the range for shipments upto Dec. Some business was done at higher end of the range for shipments upto Mar/Apr 2014 (and scattered business for later positions as well). In week 44, range of cashew prices was W240 from 3.70 to 3.85, W320 from 3.20 to 3.30, W450 and SW320 from 2.95 to 3.05, Splits from 2.20 to 2.30 and Pieces from 1.45 to 1.55 FOB. As expected, Indian domestic market has been quiet in the last two weeks. Sales for festival season have been reasonable, not spectacular. We should see some activity by middle of Nov for inventory replenishment and the beginning of the marriage season. RCN market started moving up slowly from middle of Sep and seems to have moved to unrealistically high levels in the last 2 weeks. About 12,000mt have been sold in the first two Tanzania auctions at prices which are about 10% higher than present kernel market. Since there is not much kernel demand at higher levels, it is difficult to understand such high RCN prices. During the last 12 months, kernel market has been moving in 3.20 to 3.40 range (except for the recent short lived drop to 3.05-3.20 range). Whenever the market has come close to the bottom of the range, selling interest has been limited to few processors for limited quantities for nearbys. Whenever market has come to 3.40, buyers have been reluctant to take large positions. General feeling is that current price range is comfortable especially because prices of almost all other nuts are higher than what they have been in the last 12 months. This should mean more interest and steady demand for cashews. If the trend of regular buying for small tranches for short spreads continues, there may not be any big move in prices. But if buyers need to buy larger volumes for longer spreads, processors will not be able to take on commitments unless they get a reasonable premium because prices are already close to low end of the range of last 4 years. If the current trend continues and if the kernel market does not move beyond the 3.40 level, processors will find it difficult to buy Tanzania RCN at the current high levels which are about 10% higher than present kernel prices. They will probably limit their buying to whatever they need to keep factories running till the large Northern crops start in April. But if they are able to sell kernels in the next few weeks at higher than current levels, it is quite possible that RCN buying will continue at current levels and we may start the 2014 season with high prices. It is very difficult to get a handle on the market trend especially with the very high prices paid for RCN in the last 2 weeks despite the slow kernel market. The next 4-6 weeks should provide some clarity about what to expect in 2014. Pankaj N. Sampat | SAMSONS TRADERS