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 Bảy, 31 tháng 1, 2015

India: Versatile fruit called cashew

 January 31, 2015

Cashew is the main cash crop in Goa, a state famous for both cashew feni and cashew nut kernels of unmatched exquisite quality. Goa has registered a Geographical Indication or GI for cashew feni like Tequila for Guadalajara province of Mexico and Basmati for rice from terai region of Uttar Pradesh. Cashew wine was promoted through the ‘Konkan Fruit Fest’ since May 2003 and the flavour has caught the fascination of the people, both local residents and foreign tourists. The number of persons producing the cashew wine has also increased across Goa. Cashew squash and syrup recipes developed by the Regional Fruit Research Station, Vengurla, are also popular but not yet commercially exploited. The Vengurla series of grafted cashew plants, however, are popular with the farmers and the Vengurla-4 variety is by far the most popular variety in India. Its red skin apple is juicy and its nuts are bold with a count of about 120 nuts per kilogram. To cap it all, its fruits ripen early in the season and urrak from Vengurla-4 cashew apples is available well before carnival, holi and shigmo festivals.
The Cashew Export Promotion Council of India (CEPC) was established by the Government of India in the year 1955, with the active cooperation of the cashew industry with the object of promoting exports of cashew kernels and cashew nut shell liquid or CNSL from India. The CNSL is used for waterproofing canoes and fishing boats in Goa and the rest of the Konkan coast right down to Kerala. CNSL has applications in the electrical and paint industry also. CEPC, however, has not worked on any product development for non-traditional applications. Commercial cashew nut processing was begun in Kollam [formerly Quilon], Kerala, by a Sri Lankan in the mid-1920s and the first successful export of cashew kernel to England took place only in 1929.
Cashew Kernels are graded depending on the shape, size and colour of the kernel into wholes, pieces, splits and butts, which are either white or scorched. The 26 grades exported include the W-180 known as the ‘King of Cashew’ ; W-210, which is popularly known as ‘Jumbo’ nuts; the W-240, or large cashew nuts and the W-320, which is the most popular grade among cashew kernels and highest in terms of availability worldwide. The number denotes the number of cashew kernels per pound [450g] weight. At 30 per cent recovery of kernels by weight, the W-320 grade kernels are obtained from whole cashew nuts that are about 200 to 220 per kilogram. The W-450, are the smallest and cheapest white whole kernels.
Scorched wholes are another grade of cashew kernels, which have a slight brown colour due to longer roasting. They have all the other characteristics of white kernels and have the same nutritional qualities. These are often coated or flavoured before packing. Butts, splits and pieces are priced lower and are ideal for cooking, preparation of sweets and savoury snacks. Spicy Biyam bhaji, burfi and farsan are popular routes for use of splits and pieces of cashew kernels.
The CEPC Laboratory, fully funded by the Government of India, was established in 1997 for ensuring the quality of cashew kernels and allied products exported from India. Cashew kernels are a storehouse of nutrients. They contain 21 per cent vegetable proteins, 47 per cent fat, 22 per cent carbohydrates, 5 per cent iron and other minerals in smaller quantities. The most prominent vitamins in cashew are Vitamin A, D and E. Nutritionally they stand at par with milk, eggs and meat. Cashew nuts are cholesterol free. They are nature’s finest snack.

Cashew apples, or juice extracted from them, in the Sindhudurg district of Maharashtra often get transported for sale to distillers in Goa. This may not happen from the summer of 2015 as PepsiCo India plans to procure cashew juice for blending in its Tropicana brand of mixed fruit juice. Its eye is on the juicy Vengurla-4 variety of cashew from grafts planted across the Konkan region of Maharashtra and Goa. The Clinton Foundation is assisting PepsiCo in overcoming the problem of quick fermentation of cashew juice, an asset in feni, urrak and cashew wine industry but a major handicap for packaged non-alcoholic juices. If the product clicks in India, PepsiCo hopes to utilise the technology in Brazil, the home of the cashew, Nigeria and Vietnam, the other major producers of cashew nuts where the cashew apple is currently wasted. It is time to get our act together and draw benefits under the Biodiversity Act, 2002 to safeguard our germplasm, intellectual property rights [IPR] and traditional uses of the cashew.
By Miguel Braganza
Source: Navhind Times

Thứ Tư, 28 tháng 1, 2015

Tanzania: Cashew farmers’ earnings up 86pc this season: official

January 28  2015 



  • Mr Juma Yusuph from the Cashew nut Board of Tanzania (CBT) told an agricultural stakeholders’ meeting here at the weekend that the crop farmers expect to earn about Sh416. 2 billion in the 2014/15 season following an increased production and prices

Dodoma. Farmers’ earnings from cashew nuts will rise by 85.7 per cent during the current marketing season, a senior officer has said.
Mr Juma Yusuph from the Cashew nut Board of Tanzania (CBT) told an agricultural stakeholders’ meeting here at the weekend that the crop farmers expect to earn about Sh416. 2 billion in the 2014/15 season following an increased production and prices.
CBT, which regulates the development of the cashew industry, projects that 189,179.67 tonnes will be harvested during the 2014/15 season. A kilo is projected to be sold at an indicative price of Sh2, 200.
According to the board, 130,051.58 tonnes of cashew nuts were harvested during the 2013/2014 season. Farmers pocketed Sh224. 1 billion last season when the indicative price per kilo was Sh1,723.
“This season marks a historical improvement in the crop productivity since 1999/2000,” he told participants to a workshop that was organised by Agricultural Non-State Actors Forum (Ansaf). The event was deliberating the warehouse receipt system and cooperative societies. It discussed the importance of having a simplified version of the Warehouse Receipt System Act of 2005 and Cooperative Societies Act of 2013 to enable common citizens to understand the two legal documents.  
Participants included farmers, representatives from financial institutions,Food Security and Cooperatives, warehouse regulators and grain associations.
Source: The Citizen

Tanzania: cashew exports projected to to decrease by 53pc in 2016

Jan 22,2015




Tanzania produces an average of 130,000 tonnes of cashew nuts annually and 117,000 tonnes of the produce are exported to India.

Exports of raw cashew nuts are projected to fall by 52.9 per cent in 2016.
 Currently, 90 per cent of cashew nuts are exported in raw form.
Tanzania produces an average of 130,000 tonnes of cashew nuts annually and 117,000 tonnes of the produce are exported to India,  Cashew nut Board of Tanzania (CBT) director general Mfaume Juma, said.
“We target to reduce exports of raw cashew nuts by 2016 with the capacity to process at least 100,000 tonnes locally a year. The CBT will build three factories in Mtwara and Lindi regions with the capacity to produce 30,000 tonnes of processed cashew nuts. These factories will begin to work in June this year,” he said.
The Tandahimba Newala Cooperative Union is also in the process of completing the construction of a factory for processing 30,000 tonnes of cashew nuts annually.
“According to our medium-term cashew nut processing plan, we are targeting to enhance value addition by increasing the volume of exporting processed cashew nuts. We want to change farmers’ mindset of selling raw cashew nuts. We want many smallholder cashew farmers to embark on small-scale processing of cashew nuts at household level,” Mr Juma said.
The cashew nut output has increased from 130,000 tonnes in 2013 to 189,000 tonnes in 2014. “In fact we are witnessing the biggest output this season compared with the rest of seasons in Tanzania’s history of cashew nut production. The reason is that the level of awareness on the warehouse receipt system has increased. It has impacted positively on data collection and incentives to farmers.”
The executive director of the Cashew nut Industry Development Trust Fund, Mr Seleman Lenga, said the process of acquiring a contractor for constructing three factories was going on well.
“The three factories will produce direct jobs to 10,000 residents of Lindi and Mtwara apart from 100,000 indirect jobs. These factories are also aimed at mobilising cashew nut farmers to embark on small-scale processing of cashew nuts.”
According to him, the fund is also working with the United Nations Industrial Development Organisation and Sokoine University researchers to ensure that more processes of value addition under the cashew nut industry is attained by processing more allied products such as lubricants and fuel.
Regarding the availability of markets, he said the local market for processed cashew nuts had expanded.
“Processed cashew nuts are sold locally in hotels, ceremonies, entertainment and the leisure industry.  We hope that with more value addition cashew nut prices will increase to raise famers’ incomes,” he said. 
He also spoke about the government efforts in seeking funds to revive the cashew nut processing factories to enhance the process of value addition with objectives of creating jobs, generating more incomes and absorbing new technology for cashew nut processing.
“The country has been losing by exporting raw cashew nuts to India in terms of exporting jobs, creating markets, losing incomes and associated new technology to produce new products.”
A 2013 report of the World Cashew Nut Alliance says African cashew nut producers had set a target of processing raw cashew nuts by 50 per cent in 2020 as currently most of producers from African countries sell raw cashew nuts by 90 per cent in India and Vietnam.
In September last year, the minister for Agriculture, Food Security and Cooperatives, Mr Christopher Chiza, was quoted as saying that the southern regions have the capacity to produce 154,000 tonnes of cashew nuts annually and that it is the aim of the government to reach 300,000 tonnes a year by 2015.
Up to last year the Export Processing Zones Agency had facilitated the establishment of 72 factories and 28,000 direct and 100,000 indirect jobs had been created.
Source: The Citizen

Vietnam exports to decline in Jan. 2015 but cashews


Wed Jan 28, 2015



Vietnam is expected to earn 1.95 billion U.S. dollars from exports of agro-forestry-fishery products in January 2015, a year-on-year decrease of 13.8 percent, the Ministry of Agriculture and Rural Development (MARD) said on Monday. Among the January's farm exports, key agricultural products are forecast to bring the country 859 million U.S. dollars, down 11.8 percent.

In January, items with increasing export revenue include tea, cashew nuts, cassava and related products.
Meanwhile, some 18,000 tons of cashew nuts is estimated to be sold overseas in January, bringing Vietnam 29 million U.S. dollars, up nearly 20 percent in volume and 16 percent in value.

Source: globalpost.com

Nigeria: Cashew Production to Rise By 20 Percent in 2015


Wednesday, January 28, 2015



The National Cashew Association of Nigeria (NCAN) has said it expected a 20 per cent rise in cashew production in 2015. Spokesman of the association, Mr Sotonye Anga, said this in an interview with the News Agency of Nigeria (NAN) in Lagos.

He said the expectation was based on the Good Agricultural Practices (GAP) adopted by farmers. According to him, the association is strict on good quality practice to further drive global trading and export of the country's cashew.

Anga said the association has trained cashew farmers on GAP to ensure that they were well managed before and after harvest.
"From all indications, the Nigerian cashew season looks quite promising in 2015.

"At the moment, cashew farmers are adhering to sound post harvest crop management protocols. "Overall, this will improve the cashew yield by 20 per cent in 2015 as we flag off the cashew season.

"Our farmers were trained on GAP to ensure that cashew farms are well managed before and after harvest," Anga said.
The spokesman said cashew trees across the federation had enjoyed favourable weather conditions. He said the association was determined to put Nigeria on top of the global cashew producing chart.

"Achieving the status of number one cashew producing country will not come by wishful thinking but by hard work. "This, we have come to know, and have worked hard in the days, weeks and months preceding this 2015 season. "We will give buyers of Nigerian cashew value for their money," he said.

Source: http://allafrica.com/stories/201501230183.html

Thứ Ba, 27 tháng 1, 2015

Vietnam: Exports to France fetch 2.8 billion USD

January 09, 2015

Vietnam exported 2.8 billion USD worth of goods to France last year, up 8 percent year-on-year, according to the Ministry of Industry and Trade (MoIT).
The five groups of key exports included telephones and components, with a turnover of 900 million USD, which were up 48 percent; footwear exports were pegged at 237.8 million USD, up 12.6 percent; footwear with 141 million USD, up 19 percent.
A Vietnamese shop in Paris. Photo: nhandan.com.vn
Exports of bags and suitcases rose 10.7 percent to 64.5 million USD, and those for coffee jumped 21.3 percent to 88.5 million USD.
MoIT said that with suitable business strategies, Vietnamese enterprises could also start exporting other items to the market, such as cashew nuts, pepper, rubber, garments, bamboo-made goods and electric cables.
It also suggested that domestic firms should take the initiative to join business forums and participate in international trade fairs and exhibitions.
Good prospects for Vietnam-France trade in 2015 are expected to emerge once the Vietnam-European Union free trade agreement is signed, Vietnamese Trade Counselor in France Nguyen Canh Cuong, said at a recent roundtable meeting in Paris.
Cuong said the agreement will include offers for preferential tax rates on many commodities, while commitments on investment and intellectual property protection will encourage Vietnamese and EU businesses, including those from France, to intensify trade and investment exchanges.
Jean-Phillip Eglinger, the Manager of Vietnam-France Strategies Company said France's small- and medium-sized enterprises, which operate in food, agricultural products, health, pharmaceuticals, and waste treatment, stand a good chance of success in Vietnam when co-operating with Vietnamese partners as they can support each other to explore and exploit their respective market.
He suggested that Vietnamese companies improve production and processing capacities to create brand names for advantageous products, such as tea, coffee and cashew nuts.
Source: VNA

India: Cashew Kernel Steady despite Euro Problems

January 27th, 2015



US Dollar is strengthening againt Euro. But there is no propotionate downfall in cashew kernel as Indian Rupee is also on a upward march.
Premium W320 is still trading above Rs6000/11.340 kilo/Goa-Mangalore.
Only medium size grades are in demand.

Indian New-Crop harvest is delayed because of winter, fog and slight cloudy weather conditions.
Source: World Cashew

Thứ Hai, 26 tháng 1, 2015

India: Silver jubilee building at Puttur to have cashew museum

MANGALURU, January 26, 2015



A cashew museum will be part of the silver jubilee building, which will come up on the premises of the Directorate of Cashew Research, at Kemminje in Puttur at an estimated cost of Rs. 5 crore.

N.K. Krishnakumar, Deputy Director General (Horticulture), ICAR, New Delhi, laid the building’s foundation stone on Saturday.

In addition to a museum, the building will have space for administration and other facilities, a release said.

Speaking on the occasion, Mr. Krishnakumar said that Indian cashew was highly sought after in the world market.

He said that even though domestic cashew consumption was increasing, the growing cashew processing capacities in African countries might hamper the availability of raw cashew nuts in the country.

Source: http://www.thehindu.com/todays-paper/tp-national/tp-karnataka/silver-jubilee-building-at-puttur-to-have-cashew-museum/article6823121.ece

Nigeria: Cashew consumption prevents heart diseases

Jan. 26, 2015
Abuja - A nutritionist, Ms Jummai Abdul, on Monday, said that the consumption of cashew fruit juice could help prevent heart diseases and stroke.
In an interview with the News Agency of Nigeria (NAN), Abdul, a nutritionist at the Wuse General Hospital in Abuja, said that cashew and its nut had some medicinal properties.
``Cashew fruit contains fats that promote healthy hearts and reduce high triglyceride level that is associated with increased risk of heart diseases.
``Excess calories are stored as triglycerides in the body. Triglycerides provide much of the energy for cell function,’’ she said.
The nutritionist noted that eating a handful of cashew nuts a day would provide enough essential minerals like manganese, potassium, copper, iron, magnesium, zinc and selenium to prevent diseases.
She also said that cashew fruits were rich in calcium that enhances healthy muscles and bones in the body and vitamin C which is a powerful remedy for colds.
``The cashew fruit juice is now popping up in herbal formulas designed to boost energy and sexual function; it also helps to promote normal sleep patterns in menopausal women.
``Cashew fruit has high copper content that is vital in energy production, greater flexibility in blood vessels, bones and joints and also high in calories.
``Cashew fruits are also rich in many essential vitamins that help to maintain healthy gums, teeth and numerous health promoting phytochemicals that protect one from diseases and cancers,” she said.
Abdul said that cashew fruits provided anti-oxidant and protective ultra-violet ray filtering functions that helped to prevent age-related macular degeneration in the elderly.
She noted that eating cashew nuts could help the body to utilise iron, develop bones, produce skin with hair pigment and eliminate free radicals.
Abdul also said that the consumption of cashew fruits could be helpful in the management of sore throats and strengthen immune systems.
She said that cashew nuts were nourishing snacks with no cholesterol, but contained high fiber that were ideal for body building for weight-watch when eaten in moderation.
Abdul, however, advised that cashew fruits and nuts should be eaten moderately to enhance its effectiveness in strengthening the immune system for healthy life. 
Source: NAN

Nigeria: NCAN tasks shippers on cashew handling

Jan. 26, 2015


Lagos port - Photo by the Nigerian Intel

The Nigerian Cashew Association of Nigeria (NCAN) on Friday urged shipping companies to handle cashew nuts with greater care to avoid moisture, and boost export in the 2015 season.
The Spokesperson for the association, Sotonye Anga, told newsmen in Lagos that cashew required special attention.
Anga said that when cashew bag moistened, the crops could sprout shoots.
“We want to appeal to shipping companies, through which we export our cashew, to take note of this and handle it with greater care.
“Cashew is very delicate and will not do well when exposed to moisture; therefore, our cashew should be given special attention during handling in vessels.
“It takes 40 days voyage to arrive in Asian countries and if they have sprouted, they become useless.
“We have received series of complaints from our international customers that our cashew sprouts trees on arrival in destination countries,” he said.
Anga said this had affected the returns of cashew processors and exporters as they recorded losses many times.
The 2015 cashew season begins in February
Source: http://shipsandports.com.ng/ncan-tasks-shippers-on-cashew-handling/

Thứ Năm, 22 tháng 1, 2015

Kenya: Kilifi set for new Sh2.7 billion cashew nut factory

23rd January 2015
Screen Shot 2015-01-22 at 8.05.47 PM
Kilifi county will soon have a modern cashew nut processing plant to be put up at a cost of Sh2.7 billion. Governor Amason Kingi said the plant will be constructed near the defunct Kenya Cashew Nut factory along the Kilifi-Malindi highway.
He said the decision to build a new factory was informed by the fact that it is no longer financially viable to rehabilitate the old one with most of its machinery having been vandalised and others rendered obsolete.
Kingi said commencement of works on the proposed factory had been delayed by the current reduced production of raw cashew nuts in the area, thus making it difficult to sustain its operations with majority of farmers having cut down their crop due to lack of a ready market.
“We want to purchase land for an industrial park after which construction will kick off. My administration hopes the project will create additional employment opportunities for the local youth,” he said.
The governor further said his government in partnership with the Kenya Agricultural Research Institute (Kari) at Mtwapa import 100 million cashew nut seedlings of a new variety that takes between two and three years to mature instead of the conventional six and seven years from Mtwara in Tanzania. “Our partnership will enable farmers access quality seeds and improve production and livelihoods of residents,” he said.
By Murimi Mutiga @PeopleDailyKe

Thứ Ba, 20 tháng 1, 2015

Nigeria: Cashew exporters expect N18bn negotiable duty credit grant

20th January 2015



National Cashew Association of Nigeria, NCAN says its exporters are expecting N18 billion in grant after the federal government lifted the suspension on the Negotiable Duty Credit Certificate, NDCC.

The association’s spokesperson, Mr Sotonye Anga, told the News Agency of Nigeria, NAN in Lagos that his members would benefit this from the N99 billion just released for Export Expansion Grant, EEG.

NAN recalls that Dr Ngozi Okonjo-Iweala, the Coordinating Minister of the Economy, had on Tuesday, announced the restoration of Export Expansion Grant, EEG to boost export.

Anga said that the Export Expansion Grant was suspended four years ago. According to him, the suspension has hindered the growth of the country’s export sector.

He expressed optimism that the restoration of EEG would boost the non-oil sector and accelerate the country’s economic growth.

“This is really a good time for the cashew export. A total of N98 billion was released for the NDCC and the cashew sector will get N18billion.

“This will help to boost exporters’ business, especially as we prepare for the new cashew season. When the scheme was suspended, export activities were halted, especially the non-oil sector,’’ Anga said.

He commended the government for lifting the suspension, saying that the money should be released to the beneficiaries on time.

Anga said that the money had accumulated for too long and exporters needed to organise their businesses for 2015 farming season.

“We appeal to the federal government to release the money in good time. This money will not only boost the business, but will also help to turn the nation’s economy around,’’ he said. 

Anga appealed to the government to also provide pre-export and post-export incentives to farmers. According to him, transportation is expensive, electricity tariff is high and accessing loans is difficult in Nigeria.

“These problems have affected the sector and this is the right time to fund the non-oil sector, considering the downward trend in the global prices of crude oil,’’ he said.

NAN reports that the EEG is a post shipment export incentive scheme designed to assist non-oil exports. The EEG and NDCC are valid and legal tenders for payment of any customs or excise duty.

Nigeria Customs Service had recently published a public notice of beneficiaries of the first phase of the NDCC.

In the notice, beneficiary companies were advised to proceed with their instruments to Customs Area Commands for redemption. Others that did not make the list were advised to wait for the next batch.

See more at: http://nigerianpilot.com/cashew-exporters-expect-n18bn-negotiable-duty-credit-grant/#sthash.vKhMnCm4.dpuf

Thứ Hai, 19 tháng 1, 2015

India: Cashew exports surgeon winter demand


Fri Jan 16, 2015



Winter demand pushed up cashew exports during April-December of the current fiscal, despite higher unit value in November and December. Total shipments during the first nine months of the current fiscal stood at 1,01,176 tons valued at `4,098.81 crore at an average unit value of `405.12 a kg. However, shipments during the corresponding period last fiscal were 93,691 tons valued at `3,888.85 crore at the average unit value of`415.07.

Exports in December increased to 11,022 tons valued at `521.32 crore at the unit value of `472.98 a kg from 10,963 tons valued at `476.95 crore at the unit value of `435.05.

Raw cashew exports

Export of raw cashewnuts soared during April -December to 15,534 tons valued at `132.89 crore at the unit value of `85.55 a kg from 3,527 tons valued at `20.36 crore at the unit value of `57.72. In fact, over 50 per cent of the cashew processing industry’s annual requirement is met by imports from overseas. The country has a total processing capacity of more than 20 lakh tons, whereas domestic raw nut production has been hovering around seven lakh tons, industry sources in Kollam said.

Much of the raw cashew shipments, according to the trade, have been to Vietnam, where Indian cashew processors have established processing facilities. They are believed to be shipping out from the imported raw nut stocks to their units in Vietnam, trade sources said. Imports of raw nuts increased during April-December to 8,01,418 tons valued at `5,411.36 crore despite a rise in raw cashew prices from 6,71,494 tons valued at `3,754.10 crore. The average unit value stood at `67.52 against ₹55.91 in the corresponding period a year ago.

Source: Hindu business line.

Thứ Sáu, 16 tháng 1, 2015

India: Cashew exports slow down, aggressive selling by Vietnam limits shipments


Friday, January 16, 2015



Cashew nut exports from India are likely to fall shy of nearly Rs 5,000 crore achieved in the previous year because of aggressive selling by Vietnam and increasing domestic consumption. Although exports have shown an 8% jump in volumes and a 5% rise in value at 101,176 tonne worth Rs 4,098 crore for the period to December, exporters say high cost may hinder shipments in the last quarter of the fiscal 2015.

Depleting stocks may force Vietnam to slow down exports in the next couple of months. But India too doesn't have a comfortable level of inventory of raw nuts. "Cashew processing has increased in the country in the past 2-3 years because of a higher local consumption. As a result, the carryover stock is lower. Besides, current export prices don't justify the higher cost of raw cashew import taking place now," said Hari Krishnan R Nair, managing director, Western India Cashew Company .

India imports around 60% of the over 14 lakh tonne raw nuts required for processing, mostly from Africa. Exporters are now buying from Mozambique and Tanzania at a rate of $1,500 per tonne. Raw cashew purchased from Western African countries like Ghana and Ivory Coast earlier were cheaper.

"While India sells at around $3.50 per pound in global market, Vietnam is able to do it at $ 3.25 per pound thanks to its higher production and lower processing cost.Vietnam's stock has gone down and the country is waiting for its next crop starting from March. But India may not be able to capitalize on it because of high raw cashew price and delay in import shipment," said K Prakash Rao, managing partner, Kalbavi Cashews. In states like Kerala, high labour wages have contributed to the increased processing cost.

Processor-exporters seem to be more satisfied with the internal market now. "The business from domestic market has gone over the value of exports to `. 6,000 crore to . 7,000 crore. The prices realized are com` paratively better than exports," added.

According to Hari Krishnan R Nair, if the Commerce Ministry accedes to the exporters' demand for interest relief, exports may get a boost.

Prospects for the next fiscal appears to be better. "There is a little growth in production and there is a steady growth in usage due to relatively stable prices compared with other nuts. We expect the price range in 2015 to be higher around $3.75 per pound," said Pankaj N Sampat, director of Mumbai-based Samsons Traders in his cashew review for the next year.

India: Small Cashew Companies to Crack a Hard Nut

16th January 2015


(Top) A worker feeding raw cashew for boiling at one of the mechanised plants. Women workers engaged in shelling, peeling and grading at a cashew factory in Kollam | Vishu Lal

KOLLAM: The chimneys that billow dark fumes even as they spread a nutty aroma had for long been the identity of this once-vibrant cashew processing hub.
They are now set to be history as small-time processors, fighting lower margins due to increased labour cost and fierce international competition, are planning to upgrade the processing with mechanised boilers.
Miffed by the decision to introduce a hike in the minimum wages, allegedly without their representation, around 600-odd small and medium term manufacturers, who provide 70 per cent of export-worthy cashew to the big players, are planning to accelerate the mechanisation process and also look for overseas markets.
At present, large manufacturers who hold a monopoly over the raw cashew provide portions to small manufacturers for commission processing. It insulates them from the hassles of statutory obligations related to employees. Small manufacturers under the Kerala Cashew Processors and Exporters Association (KCPEA) claim that they used to get a margin of Rs 100 for processing a bag of cashew worth Rs 2,200, before the new wages were announced last month. The major cashew exporters have set up factories in other states and abroad, and are diverting larger quantities of raw cashew tothese facilities due to the high labour cost in the state.
KCPEA members, who visited machine manufacturers in Gujarat recently have placed orders for boilers, cutting, peeling and grading machines. They are in a hurry to mechanise the plants by February when the rate hike is likely to become effective.
Depending upon the capacity, the mechanisation process can cost anywhere between Rs 1 crore to Rs 5 crore for a factory. Labourers in Kerala are known for their skills in processing roasted cashew. 
But with boilers replacing the roasting process one could soon see a Bengali or a Bihari labourer operating the machine. “Seventyfive per cent of our labourers are from other states,” said association secretary K M Nazar. A traditional factory that processes 200 bags of cashew requires around 1,000 employees to operate it while the mechanised one requires just 400 people. The number of broken cashews increases by 20 pc in machine processing but it spares them from the hassles of dealing with the statutory obligations of the workers and the constant bargaining from the trade unions.
A 35 per cent increase in the minimum wages for cashew workers was announced on December 1 by Cashew Minimum Wage Advisory Committee convened under the labour minister.
“I dropped my plans to set up a 70 feet chimney which would cost me Rs 15 lakh after watching a boiler plant,” said  R Vikraman, a commission processor.  A consortium comprising association members was formed to get the export license to gain entry into the $800 million export industry. They have also sought membership from the Cashew Export Council, that will enable them to avail grants for mechanisation and other export duty benefits.  “Besides the grants-in-aid, council membership enables them to attend trade fairs, buyer-seller meets etc,” said Executive Director & Secretary of CEPC, K Sasi Varma. Under the duty drawback scheme and Vishesh Krishi Aur Gram Udyog Yojana the exporters will get a total incentive of 6 per cent of their free-on-board (FoB) value.
The Association on an average produces 2,250 metric tones of export-worthy cashew in a month. To market their products they are connecting with top international brokers such as Africa Product, BLB New York, Richard Franco etc.
“The consortium will collectively bargain for raw cashew like big manufacturers do,” said Nazar. Number of large cashew factories in Kollam has reduced drastically over the years. Industry experts demand a comprehensive study as most government policies are not benefiting them. Their concern is that the industry would meet the same fate as that of coir and matchbox unless a study is undertaken.
By Unnikrishnan S
Source: http://www.newindianexpress.com/states/kerala/Small-Cashew-Companies-to-Crack-a-Hard-Nut/2015/01/16/article2621214.ece

Thứ Tư, 14 tháng 1, 2015

Panji - India: Hopes soar for bumper cashew yield

January 12, 2015



PANAJI:  Farmers and the agriculture department are hoping for a good cashew yield as the climate, so far, has been conducive for cashew season, which will begin in another few days in the state.
Sources in the agriculture department said the climate has been normal till now, and they are expecting a good cashew yield this season.
“The climate has been normal during the last few days after little rains in the month of December.  So we hope that the climate will remain favourable for good cashew yield this season,” they said.
Some stakeholders in the cashew cultivation said that there is scope for improvement in cashew cultivation. The distance between two or more cashew trees is quite large, and more trees could be planted at these areas to increase   density of trees per hectare, which would push up the output without increasing the area under cultivation.
Manjiri, a farmer, said that as the climate has been normal after unexpected rains last month they are expecting good yield.
The cashew season spans from February to May.The cultivators have started clearing the bushes in the cashew plantation. The aagist, which used to be a joint work of all farmers in the past, is rarely adopted in recent years. About three metres from the boundary of the cashew trees on the hill a grass patch of one to two metres is set on fire, and then the fire is put out.  This method, which creates a protective belt around the cashew trees, it called aagist.
“The aagist helps in keeping fire away from the cashew trees, reducing wildfire incidents, ” Sainath, a cashew cultivator,  said.
The cashew nuts yield has increased over the years in the state. However,  productivity of cashew plantations  often deteriorates due to soil erosion and non-application of any nutrients. To get around this problem the agriculture department provides assistance in kind like neem cake, rock phosphate, gap filling of cashew grafts.
Contour trenches for soil conservation are also undertaken.
Source: http://www.navhindtimes.in/hopes-soar-for-bumper-cashew-yield/

India: Premium W320 Nears Rs.6200/11.340 Kilo/Goa-Mangalore on Export Demand


Tue Jan 13, 2015



Delhi market is facing supply shortage due to reduced production in the eastern region. North Indian buyers are not getting adequate supply from Kerala and Karnataka as local exporters are on a buying spree with slight price uptrend.

Winter demand is mostly for Wholes and not for splits and pieces. CNSL is falling almost inaccordance with the crude oil.

Source: http://worldcashew.com/premium-w320-nears-rs620011-340-kilogoa-mangalore-on-export-demand/

India: Cashew export on decline


Tuesday, January 13, 2015



Cashew nut export is on the decline, owing to the increase in production costs (which, in turn, has resulted in an increase in the costs of raw nuts), input costs and labour costs; the increasing competition in the international markets, and the restrictions by importing countries.

Its domestic consumption has increased significantly, resulting in an increase in its imports and the attention of exporters. With higher profits and a competitive global market, a major chunk of the cashewnuts has got diverted to the local market. G Kannan, managing director, G K Exports, said, “There is a strong demand in the domestic market for various types of cashewnuts. The rising demand makes the Indian market more profitable, so traders don’t have to go overseas.”

“But the increase in the input costs, a result of the hike in labour costs in different cultivating states, poses dangers for both producers and exporters. On one hand, the profit margin is higher due to the domestic demand, and on the other, we are losing the international market due to higher prices. Other cashew-producing nations have larger markets, as their production costs are low. But they compromise on quality,” he added.

An official of the Cashew Export Promotion Council of India, which looks after the promotion of the nut overseas, stated, “The cashewnut exports are satisfactory, but there is a need for improvement. Exporters are assisted by the promotion council’s programmes. The government is constantly helping both domestic traders and exporters (who are equally affected by the price and production constraints) to expand the market and increase the supply,” he added. The Directorate of Cashewnut and Cocoa Development is the nodal agency for the development of the nut in India.

Source: fnbnews.com

Thứ Bảy, 10 tháng 1, 2015

Vietnam: Ten key farm products for export in 2014

28/12/2014

As many as 10 farm products earned the export turnover of more than US$1 billion, contributing to the total export value of US$30.86 billion of the agriculture-forestry-aquaculture sector in 2014.  
Shrimps
As of mid-November of 2014, Viet Nam gained US$3.51 billion from exporting shrimps, a year-on-year increase of 32.9% and accounting for more than 50% of the total aquatic export turnover.
The figure is expected to reach nearly US$4 billion by the end of this year.
Tra fish
Tra fish exports in 2014 are estimated to attain US$1.8 billion, up 5.8% compared to the previous year.
Rice
Viet Nam expects to export 6.52 million tons of rice in 2014, earning US$3.04 billion, up 1.9% in value.
As of November 15, China is the largest rice importer of Viet Nam with the market share of 31.1%. Remarkably, rice exports to the Philippines jumped 3.68 times in quantity and 3.74 times in value against the same period last year.
Coffee
The export turnover of coffee in 2014 is estimated to reach US$3.62 billion, up 33.4% in quantity and up 33.2% in value.
Rubber
In 2014, the nation hopes to export 1.07 tons of rubber worth US$1.8 billion, up 0.2% in quantity.
Cashew
It is estimated that a total 306,000 tons of cashew will be exported in this year, bringing about US$2 billion in revenue, up 17.4% in quantity and 21.9 % in value.
The US, China and Netherlands are the biggest cashew importers of Viet Nam, accounting for 32.5%, 15% and 11.23%, respectively.
Peppercorn
Viet Nam may earn US$1.2 billion from exporting 158,000 tons of peppercorn this year, up 19.3% in quantity and up 35.9% in value.
The US, Singapore, the United Arab Emirates, India and Netherlands are among the biggest importers.
Cassava
The country expects to ship 3.3 million tons of cassava capitalized at US$1.12 billion, up 5.4% in quantity and 2.6% in value.
Vegetables
With a sharp increase of 34.9%, the vegetable exports may set a record of US$1.47 billion by the end of this year.
Forest products
Viet Nam can fetch US$6.54 billion from exporting timber this year, up 12.7%.
Over the past 11 months of 2014, timber exports to major markets such as the US and Japan witnessed respective growth rate of 12.47% and 17.06%.
Source VGP