Cashew Kernel Price Today

Cashew Kernel Price Today...

Temporarily suspended for constructions

Thứ Năm, 31 tháng 7, 2014

India: Cashew processors in Orissa demand govt support

Thursday, July 31, 2014

Regretting lack of support from the government, cashew processors in Odisha have sought quick steps for export of their products. "Government should provide all support to enter into the export market like oversea buyer arrangements, port and container facilities and financial support to entrepreneurs to compete with exporters of the other states," President of Odisha Cashew Processors Association (OCPA), Rajendra Sabat said here.

"Odisha stands as the third largest state in the country in cashew cultivation, production and processing, but we are unable to export a single kilogram to other countries," he said. "Ironically, the cashew processors from states like Kerala and Karnataka are exporting the products of our state and getting huge profits.

"If we export at least 50 per cent of the present products, we'll be able to earn around Rs 500 crore every year," added Sabat. "Due to lack of supporting policy of the government, we procure raw cashew from other neighbouring states like West Bengal and also from West African countries to run the units," said president OCPA.

The demand for government support by OCPA officials was emphasised at a workshop on 'Awareness programme on Quality Technology Tool (QTT) and Quality Management Standard (QMS) of Ganjam cashew cluster in food processing' here. Organised by the Odisha Young Entrepreneurs Association (OYEA), the workshop was inaugurated by the state's Micro, Small and Medium Enterprises (MSME) Minister Jogendra Behera.

"The government will look into the matter and try its best to develop the cashew sector in the state," Behera said at the occasion. Local MLA R Ch Chyaupatnaik urged the minister to provide financial support to the cashew processing units, particularly those in Ganjam district which were damaged in the cyclone Phailin in October last year.

Mozambique seeks funding for cashew production

Wed July 30, 2014

Mozambique’s Cashew Institute (INCAJU) said it needs funding to launch commercial cashew production in Mogovolas, Nampula province. Filomena Maiopué, director of INCAJU said that a 10-hectare plot had been selected to plant cashew trees, Vietnam, the project’s partner, had provided the necessary know how, but funding had yet to be secured.

This will be the largest cashew production project in Mozambique and the scheme is later expected to be rolled out to the rest of the country. A cashew research centre was recently created in Nassuruma, Nampula province, in partnership with Tanzania, with a view to bolstering research and studies of the crop in Mozambique.

Cashews are produced in almost all of Mozambique’s southern provinces, in Sofala and Zambézia in central Mozambique as well as in Nampula and Cabo Delgado in the north. Average annual cashew production in Mozambique is estimated at 90,000 tons


India: Cashew processors resent lack of government support

Wed July 30, 2014

Cashew processors in the state have urged the government to make necessary arrangements to export their products to overseas buyers. "Odisha is the third largest state in the country in cashew cultivation, production and processing but we are unable to export to other countries. The processors from Kerala and Karnataka export the products of our state and earn profits", said Rajendra Sabat, president Odisha Cashew Processors Association (OCPA) here.

Lack of government support has been a dampener for the cashew processors, who are operating on thin margins for being unable to export their products. "If we can export at least 50 per cent of our production, we can earn around ` 500 crore every year", he added.

"The government needs to provide all support to enter into the export market like overseas buyer contacts, port and container facilities and financial support to the entrepreneurs to compete with exporters of other states", said Sabat. The OCPA officials spoke on their constraints at a workshop on 'Awareness Programme on Quality Technology Tool (QTT) and Quality Management Standard (QMS) of Ganjam Cashew Cluster in Food Processing' here. The workshop was organised by Odisha Young Entrepreneurs' Association (OYEA). Jogendra Behera, state minister for micro, small and medium enterprises (MSME) inaugurated the workshop.

"The government will look into the matter and try its best to develop the cashew sector in the state", the minister assured. He also asked the processors to ensure production quality to compete with their counterparts in other states. MLA (Berhampur) Ramesh Chandra Chyaupatnaik urged the minister to provide financial support to the cashew processing units, particularly in Ganjam district, which suffered major damage from the tropical cyclonic storm Phailin in October last year.

Odisha produces around 100,000 ton of cashew with an area of 160,000 hectares under cultivation. Around 300 cashew processing units with over 140,000 ton processing capacity per annum, are functioning in the state. "Due to lack of supporting policy, we procure raw cashews from other neighboring states like West Bengal and also from West African countries to run our units", said the OCPA president. Ganjam, Gajapati, Puri, Khurda, Cuttack, Dhenkanal, Keonjhar, Koraput and Nabarangpur are the major cashew producing districts in the state.


Thứ Tư, 30 tháng 7, 2014

Macadamia crops could pay rich dividends for Viet Nam

July 17, 2014

HA NOI — The macadamia plant can be a good choice for farmers in the north-western and Central Highland regions seeking to improve their income, said experts at a seminar in Ha Noi.

The macadamia nut is dubbed the "the Queen of Nuts" for its outstanding nutritional value. Experts said that compared to other common edible seeds such as almond and cashew, macadamia is high in fat and low on protein. They have the highest amount of mono-unsaturated fats of any known seed.

The plant, indigenous to Australia, was introduced to Viet Nam in 2002 for trial cultivation by Former Deputy Prime Minister Nguyen Cong Tan. Local scientists have tested and found that the north-western and Central Highland regions have conditions best suited for the plant.

In fact, macadamia grown in Viet Nam has produced the same and even higher yield than those grown in Australia – the world top grower of the plant.

The former Deputy Prime Minister said with the current price of US$15 per kilogram, farmers in Viet Nam could earn between US$2,000 and $3,000 per hectare.

He also added that with proper processing investment, the value of the fruit could triple, and could be 20 times more if the fruit was used for cosmetic production.

He said, when Viet Nam joined the global coffee market, the area of coffee planted in the world was already more than one million hectare.

Viet Nam entered the race late but in a short time made a breakthrough with more than half a million hectare, he said, adding that this fact caused an imbalance in the world's coffee demand and supply.

All coffee exporting countries lost out in this race, he said.

"But that's not going to happen with macadamia. The current cultivated area for macadamia in the world at present is rather small, and so is the yield," Tan said.

Hoang Hoe, former Director of the Institute of Forest Ecology and Land Use Planning, said the global demand for macadamia would be 10 times higher than coffee.

According to Nguyen Tri Ngoc, Director of the Thanh Tay Institute for Agro-Forestry Technology Research and Development, Viet Nam has all the conditions required for the cultivation of macadamia.

Meanwhile, Bui Xuan Trinh from the Government Office, cautioned that as macadamia was a new plant, it was necessary for everyone to tread carefully. He said there would need to be a specific plan to connect farmers and enterprises to ensure a stable market for the product.
Participants discussed measures to introduce the plant as a new option that could ensure profits to farmers, thus expanding its cultivation, as well as investment in processing.
Viet Nam currently has about 2,000 hectares of macadamia with an average output of 3 tonnes per hectare.

Pham Thanh Hai, Chairman of the Board of Trustees of the IDT Company, said the macadamia project in Dien Bien Province, which was started in 2012 on more than 50 hectares, had brought about a fruitful harvest.

The trees grew well and adapted well to the weather of the northwest area, and the rate of trees staying alive was more than 98 per cent, while the quality of the fruit was outstanding, he said. 

Source: Vietnam News

Industrialization and Global Value Chains in Guinea-Bissau

Mon July 28, 2014

Generally speaking, Guinea-Bissau is only weakly integrated into global value chains (GVCs). With an industrial and commercial fabric that is structurally underdeveloped, the production of goods and services in the country contributes little value added. Industrially, after significant growth in recent years pushed value added in manufacturing up from 8.8% of GDP in 2002 to 13% in 2005, this share fell to 11.7% of GDP in 2012. Apart from the low levels of value added, the industrial sector represents only a tiny portion of the country’s exports (less than 5% of total exports), with a trivial amount of FDI supporting its development. This final point is partly linked to Guinea-Bissau’s political instability in recent decades, as well as to a lack of the infrastructure needed for production. Similarly, extractive resources are scarce, with no prospects for the short or medium term.

The only sector which can claim to be integrated into GVCs is that of the cashew nut. Guinea- Bissau is indeed a major producer: in 2013, cashew nut production amounted to 150 000 tons (16% of total African production), accounting for 11.9% of the country’s GDP and 87.7% of its exports. Less than 5% of the cashews produced are processed in Guinea-Bissau, however; the rest is exported raw, mainly to India (more than 80%), where it is mixed with local production or that imported from other countries and processed. In order to capitalize on this resource, in 2011 the government created a fund to promote the industrialization of agricultural products (FUNPI) to encourage processing, research and development. This fund is financed by an export levy that has fluctuated between XOF 10 and XOF 50 per kilo several times since its implementation. The government collected the equivalent of 2.1% of GDP from the FUNPI, but this has yet to be employed in such a way that it effectively contributes to the sector.

In addition to the cashew nut, the agricultural and agri-food sectors have great potential. Guinea-Bissau enjoys an abundance of natural resources with good quality land, extensive biodiversity, significant fishing resources and ample rainfall, receiving an average of 1 500 to 1 900 mm over 112 days. Productivity nonetheless remains weak with low yields (around 1.7 tons per hectare for rice and 0.8 tons per hectare for millet and sorghum). The use of these resources has not led to economic progress that matches the existing potential, due to a lack of hydro-agricultural improvements, inputs and infrastructure to support production. In addition, the land law approved in 1998 has been only partially implemented, preventing the sector from developing. The annual grain requirement exceeds annual production by 100 000 tons, the gap mainly being plugged with rice imports. In addition, political instability and logistical problems have slowed agri-food investments. There are only a few isolated cases of foreign investors, mainly involved in rice cultivation (production and processing) and in horticulture in the Bafatá region.

There are several main obstacles preventing Guinea-Bissau’s integration into GVCs. First, the political situation over the past 20 years has hindered investment. The country has inherited an unfavorable business environment, heavy regulatory burdens and obsolete physical infrastructure. In addition, the general lack of resources has prevented Guinea-Bissau from gaining any competitive advantage in terms of the workforce – by investing in training, for example – or from stimulating research and development so that it might benefit from the favorable regional trade policies in the WAEMU area.

Successive governments have drawn up a variety of sectoral policies with a view to boosting production levels and attracting investment that could potentially promote the integration of the country’s production base into GVCs. These strategies have been interrupted a number of times, however, due to a lack of resources for their implementation. Overall, these strategies are set out in the poverty reduction strategy paper, which advocates: i) strengthening the rule of law and greater security for investors; ii) a stable macroeconomic environment to guarantee a framework for growth; iii) promoting inclusive and sustainable economic development to support growth sectors; iv) improving human capital, thus boosting levels of production and of productivity. These are the conditions that will allow sectoral policies, in particular for cashew nuts, to bring about successful participation in GVCs.


USAID moves to support Nigerian cashew industry

Tue July 29, 2014

Efforts by the National Cashew Association of Nigeria (NCAN) to improve the fortunes of its members have received a major boost as the association is in talks with the United States Agency for International Development (USAID)/Nigerian Expanded Trade and Transport (NNEXTT) to strengthen its capacity to provide evidence based advocacy and facilitate access to technical assistance for its membership. Experts have identified low production yields, low value addition, poor access to finance and high energy costs as some of the challenges facing the Nigerian cashew industry and these have constrained the sector from fulfilling its potentials as one of the main sources of non-oil revenue for the country.

Nigeria is currently ranked as the sixth largest cashew producer in the world, but studies have shown that it can quickly move to number two with the required support of key stakeholders. NCAN is looking to develop the cashew value chain, improve crop yields through new plantings, introduce better farm management practices, efficient aggregation, storage & logistics as well as attract new investments into processing of both the raw cashew nut and the cashew fruit. These interventions, the association believes, would better harness the potentials of the sector for development.

“Less than 20 percent of what is produced is being processed, which means that we are exporting our jobs. No wonder there is so much unemployment and insecurity in Nigeria. The bane of the cashew sector, over the years, has been weak access to finance which has made the sector to grow inefficiently with resultant export of 80 percent of annual crop as RCN,” the national president of the association, Tola Faseru, said. According to him, with appropriate incentives, the sector could easily increase annual export earnings fourfold from N25 billion to N200 billion.

“Capital is one problem with farmers. Every other cash crop in Nigeria that is exported enjoys assistance from government, except cashew. Cashew, which is providing significant employment opportunities, has not been given as much attention as other cash crops,” Sotonye Anga, the spokesperson of the association said at the weekend in Abuja. NEXTT, a project of the USAID, designed to inter alia improve the capacities of Nigerian businesses, is currently partnering with the Nigerian Export Promotion Council (NEPC) to design sector strategies that allow Nigerian branded cashew trade more competitively in global markets.


Thứ Hai, 28 tháng 7, 2014

GCC sponsors 200.000 EUR for its Cashew Research Project

(29/7/2014) We are glad to announce that the Global Cashew Council calls for research project proposals that may contribute to enhance the understanding of the effect of cashew nut consumption on lipid profile and other classic or emergent cardiovascular risk factors.

This is a call for research project proposals from researchers from public and private institutions, as well as not-for-profit organizations.

The call accepts both single and multi-institutional, collaborative projects.

Up to 200,000 EUR is available for the research grant.

·         Guidelines

All projects must be submitted using the Application Form (.doc file attached).

Applications due by: 5 October 2014.

The Global Cashew Council is aimed at promoting usage and consumption of cashews, initiating nutritional and health studies, promoting food safety, developing quality standards, and increasing awareness of the health and nutritional benefits of cashews. The Council is formed by the main cashew producers, represented by national associations of producers and exporters, and industry.

The INC, International Nut and Dried Fruit Council Foundation is a not-for-profit organization representing over 600 members, among nuts and dried fruits producers, processors, traders, distributors and consumers, from over 60 countries. INC’s mission is to be the international source of information on nuts and dried fruits for health, nutrition, statistics, and government standards; to undertake and promote scientific and nutritional studies, and to promote international cooperation with other organizations that share common goals.

For more information on planning your application or any other steps in the grant process, please contact me or T +34 977 331 416.

Best regards,

Irene Gironès
Scientific and Technical Projects Manager
International Nut and Dried Fruit Council

India: Actual Diwali Demand may Begin in the First Week of August. And This Demand may Continue for Next Two Months

Sun July 27, 2014

In India, kernel buyers and sellers are waiting for August to come. North Indian bulk buyers are following the export market but South Indian sellers expect some dramatic changes in the domestic market as consumption is on rise.

Actual Diwali demand may begin in the first week of August. And this demand may continue for next two months.


Thứ Sáu, 25 tháng 7, 2014

India: After record cashew export, farmers feel the pinch

Fri July 25, 2014

After a record export of almost ` 5,000 crore last year, cashew exporters are finding the going tough this year with exports yet to pick up and prices of imported raw cashew ruling high.  Cashew exports have dropped 15% in quantity and 6 % in value for three months ended June 2014 at 25,305 ton valued at ` 1,106 crore. India has been out priced by Vietnam in the international market.  This may not be too much of a worry for the exporters right now. What is bothering them is that the during the same three months last year, the raw cashew imports went up 53% to ` 1,825 crore. In terms of quantity, it was higher by 28% at 2,78,365 ton.

"Raw cashew nut prices are hovering around $1,300 per ton. Except for a brief period, the prices of raw nut bought from Ghana and Ivory Coast have remained above $1,000," said Babu Oommen, proprietor of Alphonsa Cashew Industries. At the end of last year, the raw nuts from Tanzania and Mozambique had burned a hole in their pocket at $1,400 per ton.  The exporters expected the prices to ease when the production from west Africa came into full swing. An export price in the range of $3.50 to 3.75 per pound would justify the high import price, they feel. But the reality is that cur rent Indian prices are around $3.20 per pound.  "Vietnam is selling at $3.10 to $3.15 per pound. Unlike India, which depends mainly on manual labour, Vietnam is more into mechanised processing and is able to keep the cost down," said P Somarajan, proprietor of Kailas Cashew Exports.

Vietnam is less dependent on imports as their domestic production is better than India.
India's cashewnut production Development for 2013-14 is estimated at 7,36,000 ton by Directorate of Cashewnut and Cocoa. The raw nut import came to over 7,50,000 ton last year.

"The export is almost entirely dependent on imports. The domestic production mainly goes for processing for the local market," Babu Oommen said.  After the holidays in several countries, the export market is expected to pick up.


Thứ Tư, 23 tháng 7, 2014

Guinea-Bissau 2014 cashew exports up 40 percent so far

July 23, 2014

Guinea-Bissau's 2014 cashew exports reached 70,000 tonnes by July 19 since the start of the season in March, up 40 percent on the same period last year, the government said. Trade minister Sherifo Embalo said another 60,000 tonnes of cashew nuts were awaiting shipment, bringing this year's harvest so far to just under the total production last year of 140,000 tonnes.

A jump in exports of the snack, the main foreign exchange earner of the tiny West African nation, would boost the economy of the politically unstable country, which has a new government after two years of transitional rule following a 2012 coup. "Guinea-Bissau has already exported 70,000 tonnes of cashew," Embalo said in comments to journalists over the weekend.

Embalo said the newly elected government was prioritising the cashew sector over timber exports. Timber exports from Bissau, to China especially, rose spectacularly during transition rule because of illegal logging. Fears that the government may clamp down on timber exports have caused congestion at the country's main port as timber operators scramble to ship out their wood before a possible ban.

The government has also said it will stop the smuggling of cashews over the border into neighbouring Senegal, a flow that Embalo said cost Guinea-Bissau some 60,000 tonnes of nuts each year. Guinea-Bissau is the world's fifth-largest cashew exporter behind India, Vietnam, Ivory Coast and Brazil. Almost all the crop is exported without any processing. The sector employs some 80 percent of the workforce in the former Portuguese colony of 1.6 million people. A fall in cashew prices last year forced many families deeper into poverty.

Source: Reuters

India: Exports slip on higher cashew prices

Tue July 22, 2014

Cashew kernel prices continued to rise in June at all origins and markets. As a result, shipments of the commodity declined compared with the same month a year ago. During June, shipments stood at 9,590 tons valued at `422.82 crore at an unit value of `440.88 a kg against 10,380 tons valued at `422.75 crore at an unit value of `407.27 a year ago, according to Cashew Export Promotion Council of India (CEPCI) sources.

Exports during April-June this year totalled 25,305 tons valued at `1,106.21 crore with the unit value being`437.12 a kg, while they were 29,802 tons valued at `1,177.09 crore (unit value of `394.94 a kg) in the year-ago period.


Sasi Varma, Executive Director and Secretary of CEPCI, attributed the decline to the rise in prices and competition from other tree nuts. Exports of roasted and salted cashew also slipped by around 5 per cent during the first quarter to 216 tons valued at `8.97 crore against 439 tons valued at `15.10 crore in the same period a year ago.

In this case also, the rise in prices is mainly attributed to the decline. Similarly, shipments of cashew nut shell liquid fell to 1,478 tons valued at `7.02 crore from 1,717 tons valued at `6.56 crore, he said.

Rising imports

Imports of raw cashew during the first quarter of the current fiscal are up substantially at 2,78,365 tons valued at `1,825.53 crore (unit value of `65.58) against 2,17,898 tons valued at `1,194.31 crore (unit value of `54.81) in the year-ago period. Industry sources at Kollam said the rise in raw cashew prices has pushed the kernel prices up and the trade is not able to get the parity price from exports.

Imports have to be made to keep the factories running and meet the commitments, they said. According to Pankaj, a Mumbai-based dealer, as the prices paid for RCN in the current season are substantially higher than 2013, processors may not be able to continue selling kernels at the lower end of the range. “At the same time, the need for small processors to keep selling regularly will prevent prices from going up too much,” he said.


Ghana Cashed-In $170m From Cashew Industry

July 21, 2014

The cashew industry generated 170 million dollars in the form of foreign exchange earnings for the economy in 2013.

Mr Justice Samuel Adjei, Deputy Brong-Ahafo Regional Minister who made this known in Sunyani said the industry is the largest contributor to non-traditional export crops.The Deputy Regional Minister was speaking at the closing session of a five-day master training programme, for stakeholders in the cashew sector, drawn Ghana, Burkina-Faso, Togo, Benin, Cote D’Iviore, Senegal and  Sierra Leone.Attended by 60 participants, the training pogramme was organised by the African Cashew Initiative (ACi) in collaboration with African Cashew Alliance with support from the Ministry of Food and Agriculture and the Cocoa Research Institute of Ghana.

It was aimed at developing a pool of certified cashew experts in West Africa, with in-depth knowledge on the cashew value chain.Mr Adjei said the impact of cashew on poverty reduction and the environment in the Savanna regions has been significant.He entreated investors who are interested in the cashew industry to come into the region and take advantage of the suitable land and vegetation that promote the cultivation of the highly economic crop.

Mr Siegfried Leffler, Country Director of German Development Cooperation, one of the funding agencies, said ACi has so far trained about 300,000 cashew farmers in the participating countries with increase of their annual income by 12 million Euros.In addition, he said 20 processors in West-Africa had received technical and business advisory support in its build up phase and employing more than 5,000 people.Mr Leffler noted that the challenges in the young African cashew sector are multiple and needed the efforts of all actors – producers, processors, buyers, governments, NGOs and expert services.He explained that the cooperation would continue to fulfill its core business capacity development for African countries which include building individual knowledge, as well as institutional development and networking.

Ann-Christin Berger, Communication Manager, ACi said the first two sessions of the Master Training Programme were successfully held in Bobo-Dioulasso, Burkina Faso in December 2013 and Bouaké, Côte d’Ivoire in April 2014.“At the heart of this comprehensive Master Training Programme are facilitators and technical experts who teach, evaluate and potentially re-design each training session according to participants’ needs,” she added.Participants were presented with certificates after going through topics such as the economics of cashew production and cashew processing, development of improved planting material, data collection methods for proper monitoring and evaluation as well as alternative and innovative media for disseminating information and collecting data.

Source: myjoyonline

India: Cashew Exporters to Benefit from New Deal

22nd July 2014

KOLLAM: Cashew exporters are set to save more than Rs 21 crore a year in cargo transport as the ports of Kollam and Tuticorin finalised a deal to transport cashew cargo meant for import and export. A decision regarding this was  finalised in the presence of Ports Minister K Babu with representatives from both ports and cashew exporters here on Monday.

With this deal, 43,000 truck loads of cashew would be transported via ship route between the ports, thereby saving time and handling charges. If a container of cargo is taken through sea route, a merchant can save Rs 5,000. Besides they can also enjoy the subsidy of Rs 1 per tonne extended by the State Govt for water transportation. The minister said the facility would start functioning by Sept. Tuticorin port receives maximum quantity of imported raw cashewnuts in the country and with 400 cashew factories, Kollam is the hub of cashew export and import in the country.

Ever since the SC verdict on restriction of container movement on roads, the govt had been promoting the water transportation route. Ramji Krishnan, CEO, Dakshin Bharat Gateway Terminal, who represented the Tuticorin port, said he was satisfied with the infrastructure in the port here. P Sundaran, vice-chairman of Cashew Export Promotion Council, welcomed the decision and said that the decision would help in the timely arrival of raw cashewnuts.K Babu said that a slew of measures for infrastructure upgradation will be done which will change the face of the port and the adjacent coastal area. He said that online customs facility would be implemented soon which would speed up cargo handling in the port.

For other facilities such as allotting permanent sales tax officials and VAT officials, which had been the demand of exporters from a long time, the minister said that a decision regarding this would be taken in the next two days.  On setting up a storage facility, the Minister agreed to take up the issue with the Finance Ministry.“Facilities in the Cashew Export Promotion Council here would be used as there is no permanent lab now in the port,” he said.

By Express News Service

India: Cashew Industry Set to Feel the Pinch

Sun July 20, 2014

Cashew exports, which earned the country $800 million or ` 4,200 crore during the financial year that ended on March 31, may be severely affected if the 10-day relay protest by the Kerala Cashew Workers Centre (CITU) from Monday spreads to 800-odd private export companies in the state. Kerala accounts for nearly 60 per cent of Indian cashew exports and more than 95 per cent of its total exports come from private players. Kerala Cashew Workers Centre would begin protests outside 40 factories under the Kerala State Cashew Development Corporation (KSCDC) and Kerala State Cashew Workers Apex Industrial Co-operative Society (Capex) from July 21 to 30, demanding among other things doubling of minimum wages for cashew workers and immediate disbursement of gratuity dues.

If unresolved, the protest would spread to private factories in Kollam, Thiruvananthapuram and Alappuzha, said J Mercykuttyamma, head of Kerala Cashew Workers Centre. Kollam, state’s cashew export hub, has 400 cashew factories. The Kerala Cashew Workers Centre is also demanding opening up of factories of Cashew Development Corporation and Capex. Industry officials said that the cashew export sector was going through a very delicate phase and any attempt to disrupt the slow revival in the sector after last year’s slump would result in grave consequences. The export value declined 20 per cent in the financial year ended on March 31, 2014. Similarly, volume declined 13 per cent to 100,105 metric tons in the same period. “This protest is just a ploy by the trade union to extract money with festive bonus in sight. The protest, howsoever innocuous will have an impact on productivity, lead to loss of work hours and many owners would be forced to shut their units,” said a senior official with Kollam-based Vijayalaxmi Cashew Co, the top exporter from the state. The company has 19 large factori es in Kerala, 59 small units in Tamil Nadu and Andhra Pradesh.

Though cashew factory owners in Kerala have factories in other states, they prefer having their export units based in Kerala mainly due to the skilled labour in the state.

According to Sasi Verma, executive director at Cashew Export Promotion Council of India, the industry is at a stage where the exporters are not able to realise even the production value.

Companies are finding it unprofitable to run the factories when the cashew nuts are priced high and the exported kernals are getting low value in the international markets. Even the top exporter like Vijayalaxmi Cashew Co was shut for 45 days in the April-May period, he pointed out. Some companies went ahead and imported raw cashew nuts from East African countries such as Tanzania paying $200 per ton above the market rate, without understanding the cyclical nature of the trade. Many companies are limping back to normalcy after prices of raw nuts dipped a little in West African countries such as Ghana, Ivory Coast etc.

Any production disruption at this stage would sound a death knell for those firms which have huge debt on its books, said industry officials.


Chủ Nhật, 20 tháng 7, 2014

Ghana: Government Asked To Stimulate Cashew Industry To Earn Foreign Exchange

The prospects of Ghana’s Cashew Production remain high despite the challenges that confront the sector. 

The Managing Director of Kona Agro Processing Company, Raymond Taylor, however expressed frustration about the lack of policies by government to regulate the cashew industry.

In an interview with Radio Ghana, Mr Taylor said government must institute measures to stimulate the sector as the country stands to gain foreign exchange from the sector. 

Mr Taylor appealed to government to put up a processing factory that will add value to agricultural produce. 

He also appealed to government to allocate part of EDAIF fund to support the sector.

Source: GBC

Vietnam: Cashew exports anticipate year-end breakthrough

Thursday, July 17, 2014

Exports is expected to include 270,000 ton cashew nuts with total export turnover of US$1.8 billion, cashew shell oil and other products. Last year, cashew exports yielded $1.8 billion.

Vietnam exported 133,000 tons of cashew nuts bringing about US$847 million in the first six months, up 20.1 percent in volume and 22.1 percent in value over the same period last year, according to the Ministry of Industry and Trade.

Vinacas chairman Nguyen Duc Thanh said that Vietnam exports cashew products to 40 countries worldwide. The United States becomes the largest importer with 40 percent of Vietnam’s export volume. It is followed by European countries with 30 percent, China with 20 percent and Australia 11 percent.


Thứ Tư, 16 tháng 7, 2014

Cashew trees in Mozambique to be treated for pests

Mon July 14, 2014

Around 4.5 million cashew trees in Mozambique will this year be sprayed to prevent pests that affect cashew nut production, the director of the National Cashew Institute (INCAJU), Filomena Maiópuè said in Nampula cited by Mozambican daily newspaper Notícias.

Maiópuè, who was speaking at the launch of the National Cashew Tree Treatment Campaign said that half the trees due to be sprayed were located in Nampula province, the largest cashew production area, which provides jobs to 9,000 people, 5,000 of which are women.

The spraying operation will be carried out by 3,000 workers.

The director of INCAJU said that the government was studying the mechanisms it should be in place to set the benchmark price in Mozambique for the sale of cashews.


Tanzania: New Initiative to Revamp Cashew Nut Production

Mon July 14, 2014

EXCEPT for people living in the southern and coastal regions of Tanzania, cashew is not a known crop upcountry, especially the northern circuit. The crop, a cash earner, is grown in the coastal regions - precisely Mtwara, Lindi, Coast and Tanga. However, of late, Singida, Dodoma and Morogoro have shown interest of joining the traditional growers. Available statistics show that the crop is planted in a large chunk of land - estimated at 400,000 - in Mtwara and Lindi - the equivalence of three quarters of the total area under cashew nut farming. Like sisal, the crop was in its peak in the 60's and early 70's. For example, in the 1973/74, cashew production had reached 145,000 tons. But mid -70's saw a sharp decline in production for a steady decade or so, when production plummeted to 15,000 and 25,000 tons. Several reasons were attributed to the shortfall.

Some of them being of political nature - whereby farmers were separated from their cashew farms during villagization programme. Others were delayed payment to farmers and disease and insect pest incidences - factors which severely led to reduced cashew yields. Notwithstanding the decline in cashew production in the past two decades, the crop stood in third position in crop export ladder, next to coffee and cotton. It contributed between 10 and 14 per cent of the country's foreign exchange. It is for this reason that the Naliendele Agricultural Research Institute (ARINaliendele) came up with an idea of introducing transfer of cashew knowledge and technology to farmers through Integrated Cash Management (ICM) approach in August, 2013. Cashew management experts had noticed that linkage between research and extension was very low, becoming a major constraint to development of the crop. They believed, and rightly so, that significant increase in cashew production can be made with transfer of knowledge direct to the farmers - a shift from working with individual farmers to working with groups.

Initially, the project involved cashew growing villages in Southern Tanzania in 1994 after the approach was formed by researchers, extension officers, farmer groups and other stakeholders working in cashew industry. The project, operating under the Commission for Science and Technology - (COSTECH) is now being implemented in Mkinga district, Tanga region where the same ICM approach is in use. "The objective of the project is to improve productivity of cashew by building capacity of key cashew stakeholders in Mkinga district", says Dr Louis Kasuga, Project Investigator.

He says: "The idea is to impart knowledge on improved methods and technology of cashew production to farmers". The ultimate aim, says Dr Kasuga, is to reduce income poverty and enhance household food security and nutritional status among smallholder cashew growers in the district. Dr Kasuga told the 'Daily News' during a three-day seminar attended by over 60 cashew farmers at Maramba location in the district at the weekend that participants would acquire knowledge and practical skills on general cashew husbandry and farm management.

Other expected benefits, are timely interventions on insect pests and diseases control in cashew, appropriate and proper use of pesticides and increased employment opportunities as well as transfer of cashew technology within and across villages. Under the arrangement, farmers will work in groups formed by themselves with a common goal; district, ward and village extension officers being involved fully in the entire process of forming the system.

"Selection of villages to take part in the ICM is done in collaboration with District Agricultural Livestock Development Officer through village extension officers, villages growing cashew trees or those with potential for cashew growing. "Basically, ICM approach shifts from traditional working with individual farmers to working with village based group farmers," says Nzaro Simeon Kijo, Mkinga District Cashew Coordinator.

"Undeniably, extension officers in the country lack specialized knowledge on cashew technology at all levels - from certificate to degree - hence the need for their involvement in attainment of such valuable "asset", he explained during the opening of the seminar whose chief guest was Ms Mboni Mgaza, Mkinga District Commissioner. Extension officers under the project, are trained by NARI, then the experts disseminate technology to farmers, says Kijo. Under the arrangement, a core group of 50 farmers are selected for training - then sub-groups of five to ten are formed. The farmers learn improved seed planting, grafting and pruning. Others are disease and insect pest identification and fungicides spraying.

According to a Memorandum of Understanding signed between Mkinga District Council and NARI, the COSTECH project is a three year stint - beginning last year. It comprises four leading cashew growing villages; namely, Kwangema, Mwanyumba, Horohoro and Mkinga Leo.
In the success story with regard to cashew growing in the districts, Mkinga became second overall winners in cashew growing countrywide - planting 20,185 during 2013 after receiving a large consignment of seedlings through the financing of COSTECH and NARI.

Under the project, the district has trained all the district's extension officers - 64 of them, as well as 250 farmers on cashew modern farming. Ms Mgaza was however, dismayed by the illicit trade of cashew nuts across the border to |Kenya and told seminar participants that the government was all out to look for financiers for building a cashew processing factory at Mkinga to deter farmers from selling their crop at throw away prices.

"What is happening is that when you sell the crop to Kenya, you earn very little because the buyers exploit you", Ms Mgaza told the seminar participants. "I urge all cashew farmers in the district to reserve their harvests while awaiting cashew auction where you will sell your crop at formal market", she counseled.


India: Wholes Bullish as Monsoon Improves

Mon July 14, 2014

Price of a premium grade W320 tin in Goa and Mangalore is around Rs6000/11.340kg/immediate. Forward premium may be Rs200/month for W320 and other higher grades.

There is no downtrend in the pieces category despite strengthening monsoon.


India: Cashew remain higher on fall in supply

Sat July 12, 2014

Cashew prices rose up to ` 20 per kg in the national capital today on increased buying by retailers and bulk consumers amid paucity of stocks on fall in supplies from growing regions. Cashew kernel No 180, No 210, No 240 and No 320 rose up to ` 20 to conclude at ` 810-820, ` 710-720 ` 640-650 and ` 535-540 per kg, respectively.

Marketmen said increased buying by retailers and bulk consumers against tight supplies from growing belts, mainly supported the upside in cashew prices. The following were today's quotations (per 40 kg): Almond (California) ` 18,200 Almond (Gurbandi-new) ` 7,800-8,000; Almond (Girdhi) ` 4,500-4,700; Abjosh Afghani `8,000-22,000.

Almond Kernel (California-new) ` 630-650 per kg, Almond Kernel (Gurbandi-new) ` 500-540 per kg.


Chủ Nhật, 13 tháng 7, 2014

India: Konkan coast opens its doors to ‘cashew tourism’

June 04, 2014

MANGALORE: The Konkan coast has witnessed one of the best cashew seasons this time. The succulent red and yellow cashew fruit hanging from trees in cashew orchards was a common sight. One would say that the real fun of the summer is biting into them and experiencing the aromatic and slight tipsy taste tingling on the palate. But there’s nothing like popping a bag full of salted cashew nuts that are golden fried in ghee.

This was the scene in thousands of homes and hotels along the Karnataka coast. And what’s more is cashew-crazy tourists are thronging this place from places like Bangalore, Mysore and the arid North Indian cities.
In fact, a few years ago, cashew nuts were just another edible item consumed only by the rich and elite, but now even the budget-conscious tourists are giving a push to this new form of ‘cashew tourism’ that extends right from Mangalore in the South to the edge of Karnataka Coast bordering Goa.

“We never had such a good season. In 2012, we realised that every cashew tree in the wild was as important as the cultured ones growing on the captive orchards along the coast. According to a rough estimate, we have over 25 lakh yielding trees along the coast in three districts. Karnataka State Cashew Development Corporation (KCDC) started educating the people living along the coast about the commercial value of these trees in their farms. We told them to keep a track of the yield and collect every nut that the tree yields. This led to a dramatic 20 per cent jump between March and April,” informed KCDC official Manjunath Shetty.

While Uttara Kannada district thrives on the tender cashew business, Udupi and Dakshina Kannada district add value to the produce which has a tremendous demand both in the export as well as the local market.
“We were astounded with the results. Earlier, the export variety of value-added products such as fried cashew nuts and masala cashew nuts hardly sold in the local market. Now, even at Rs 700 per kg our stocks were sold out within the first month of the fresh crop. So much so that we had to begin production all over again,” said Prabhakar Kamath, a cashew factory owner.

This spurt in the market has been attributed to consumers in Bangalore. The Mangalore Cashew Manufacturing Association was the first to promote cashew consumption among health-conscious people.

“We began with a campaign that cashew was the ‘zero cholesterol’ cocktail snack. We proved this with a number of scientific tests that we carried out on the nutritional value of the nut. This not only improved sales of these value-added products in the local market but in the export market as well,” association members said.

The initiatives undertaken by KCDC, MCMA and individual growers in all the three coastal districts have led to a 20 per cent increase in land utilised for cashew cultivation.

“In Uttara Kananda alone we have seen the yield go up from a seasonal 4,000 tonnes to 6,000 tonnes,” pointed out cashew dealer Damodar Pai Bhatkal.

The Konkanis call the cashew nut ‘Bibbo’, the Tulu speaking populace refer to it as ‘Beeja’, while the Kannadigas of the coast call it ‘Gerubeeja’. However, all linguistic groups have their own dishes. The most favoured is the ‘upkari’ in which cashew nuts are mixed with tender gherkins which are in turn fried and garnished. On the other hand, the Konkanis prepare a curry mixed with kidney beans which is a tad spicier.  The Muslims generously use it in biryanis and ghee rice, particularly the ‘Bhatkali biryani’. Those with a sweet tooth use it for making ‘Kaju Katlis’ and ‘Burfis’ – a preferred choice among corporate companies for gifting.

Although neighbouring Goa is also known for the crop, foreign tourists, however, flock to Karwar and Mangalore to get a real taste of the tender cashew. Taraakka, a cashew vendor on the streets of Karwar, sells king-sized tender cashew nuts.

“I sell not less than 10,000 of these tender nuts every day. I send most of it to the Mangalore stores in Bangalore (Malleshwaram, Vijaynagar, Rajajinagar and Jayanagar) but these traders are so persistent that they demand more supplies. So I am compelled to travel to Kumta, Ankola and Bhatkal to get more stocks. When their demands reach unreasonable levels, I am forced to switch off my mobile phone,” she said.