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 Hai, 30 tháng 11, 2015

Vietnam maintains world’s top cashew exporter for tenth consecutive year

30 November 2015

While export of many farm produce continues facing with difficulties this year, cashew industry has posted an increase in export output and turnover maintaining Vietnam’s position of the world’s top cashew exporter for the tenth year in a row.
Cashew nut processing at a plant in the southern province of Binh Phuoc (Photo: SGGP)

That was revealed by the Vietnam Cashew Association (Vinacas) at the 7th Vietnam International Cashew Conference in Ho Chi Minh City on November 22-24, attracting 65 foreign companies from 30 nations.

According to Vinacas, this year cashew export turnover will reach US$2.5 billion including US$2.3 billion from cashew nut, the highest ever, and the rest amount from cashew oil and processed products.

The industry has continued holding 50 percent of global cashew nut trade value equivalent to US$5 billion a year.

Mr. Babatola Faseru, deputy chairman of the African Cashew Alliance, said that the event a ‘gold’ meeting place of global cashew businesses because Vietnam is the largest raw cashew importer of Africa and top processed cashew exporter.

It is also a machine and equipment manufacturer to mechanize cashew nut processing industry which African nations want to learn about, he added.

Vietnam’s cashew industry has improved technologies to slash 70-80 percent labor force, increase processing capacity by 1.5 times and reduce production cost by 30-40 percent, reported Mr. Pham Van Cong, Vinacas deputy chairman.

In related news, the General Statistics Office reported a year on year rise of 8.3 percent in export turnover for the last 11 months hitting US$148.7 billion.

The highest hike was from phone and components, garment, computers and electronic accessories, and footwear items.

Import turnover reached US$152.5 billion, up 13.7 percent. The most imported items were equipment and components for local assembly of electronic products, computers and phones; and materials in garment and textile and footwear industries.

In the last 11 months, Vietnam suffered a trade deficit of US$3.8 billion.

Source: http://www.saigon-gpdaily.com.vn/Business/Economy/2015/11/116575/

Thứ Sáu, 27 tháng 11, 2015

India: CBI found malpractices in Cashew Development Corporation

27 November 2015



India: CBI found malpractices in Cashew Development Corporation

Source: http://picsture.com/cbi-found-malpractices-in-cashew-development-corporation-fir-27-nov-2015_56870084e.html

The 7th Golden Cashew Rendezvous 2015: Vietnam Cashew Industry Towards Cleaner Production

24 November 2015



The 7th Golden Cashew Rendezvous 2015: Vietnam Cashew Industry Towards Cleaner Production

Source: HTV

Vietnam continues to maintain a market share of over 50% of the total value of global cashew trade in 2015

24 November 2015



Vietnam continues to maintain a market share of over 50% of the total value of global cashew trade in 2015

Source: FBNC

Vietnam: Cashew nut exports up in volume, value

27 November 2015



Exports of cashew nuts jumped 7.3% in volume and 19.2% in value year-on-year for the ten months leading up to November 2015, according to the latest statistics of the Vietnam Cashew Association (VINACAS).

Cashew nut exporters bullish on US market Vinacas sets high export growth for cashew nuts
For the period January-November, VINACAS estimated that cashew processors shipped roughly 300,000 metric tons of the precious nuts to foreign markets, generating US$2.18 billion in total revenue.
In November alone, consignments to overseas markets tallied in at 25,000 metric tons valued at US$186 million.
The US, the largest export market, accounted for a 35.39% market share trailed by China at 13.38% and the Netherlands at 12.85% for the 11 month period.
VINACAS has updated its forecast for calendar year 2015 to reach US$2.5 billion.
Despite the good top line figures, the industry continues to place an overreliance on imported raw materials as its producers import all raw product in excess of 500,000 metric tons from Africa and Cambodia, drastically impacting bottom line earnings.

Source: VOV News English

Thứ Năm, 26 tháng 11, 2015

Vietnam: Cashew firms urged to add value to products

Wednesday,  Nov 25,2015,21:17 (GMT+7)



Local and foreign delegates are seen at an international conference on cashew business in HCMC on Monday - PHOTO: NGOC HUNG

HCMC – The Vietnam Cashew Association (Vinacas) has called on local enterprises to add more value to their cashew products to help Vietnam stay on as the world’s biggest cashew nut exporter.
Vietnam has been the world’s No. 1 cashew nut exporter over the past 10 years but 90% of domestically-processed products are packaged nuts, Vinacas said at an international conference on cashew business in HCMC on Monday.
At the conference, representatives of cashew enterprises painted a bleak picture for cashew exporters, saying that if cashew products are not added with more value, export growth would be affected.
Vinacas said a number of local firms have invested in modern technology and machines to make more value-added cashew products for export and domestic consumption.
The change was seen through cashew products on show on the sidelines of the conference. Unlike in previous years in which companies mainly made salty and honey cashew nuts, the exhibits this year included wasabi- and chocolate-coated cashew nuts; cashew nut cakes, pizzas, banh tet (Vietnam’s cylindrical glutinous rice cake filled with green bean paste and pork) and other foods with cashew nuts.
Vinacas chairman Nguyen Duc Thanh called for cashew businesses to pay due attention to packaging and marketing if they want to attract more consumers on the domestic market.
Over the years, enterprises in the sector have centered more on export of packaged cashew nuts than domestic marketing. Therefore, they should draw up marketing and promotion strategies if they want to ramp up domestic sales.
A long return on investment is one of the hindrances to cashew enterprises that turn out value-added products for sale at local supermarkets and convenience stores. To cope with this, a number of producers have managed to boost exports to have funds for expanding domestic market share.
The Ministry of Agriculture and Rural Development expects value-added products will make up 20% of total processed cashew nuts, according to a master zoning development plan for the sector until 2020 with a vision towards 2030, approved by the ministry in February this year. The aim for 2030 will be 40-50%.
*** Vietnam earned US$1.97 billion from shipping abroad 272,000 tons of cashew nuts in the first 10 months this year, up 6% in volume and more than 18% in value, according to the ministry.
Dang Hoang Giang, vice chairman of Vinacas, said Vietnam’s cashew nut revenue is forecast to reach a record high of US$2.5 billion this year.
Vietnam has exported cashew nuts to 50 markets, according to Vinacas.
Ngoc Hung
Source: http://english.thesaigontimes.vn/44283/Cashew-firms-urged-to-add-value-to-products.html

Thứ Tư, 25 tháng 11, 2015

Cashews: The new cash crop for Hawaii


Wed Nov 25, 2015


You could say Scott Neuman's curiosity about cashews got the better of him. Seven years and 200 trees later, he’s paving the way for what some hope will be a new cash crop for the islands.

"The nut market is really strong. Cashews are a high value crop, and to me, it was worth the long-term effort to in to them," said Neuman.

The cashew is the one fruit where the seed is outside. We all know about the seed. With the fruit, you can make all kinds of things like wine and juice. The cashew apple is a cousin to the mango and tastes like a milky star fruit. From there, the products range from cashew cheese to butter.

Neuman's 10-acre Anahola farm boasts trees from Brazil, Africa and India. Trial plantings of cashews are showing promise. There's even some talk of cashews on Lanai even though Neuman is years ahead of the game.

They grow to approximately 25 feet high and they spread to a natural width of 25 feet, and the largest one is in Brazil and it takes up an area the size of Central Park – one tree,” said Neuman.

Once harvested, the cashew nut needs a long drying time before they are roasted. Neuman can't produce enough to meet the local demand.

“Generally when we package them, we put them in five to ten pound bags and split them in smaller marketable quantities,” he said.

Neuman has invested in new equipment to cut the seed to get to the prized nuts, which are then roasted a second time. The nut oil can burn – besides mango it’s related to poison ivy – but it along with the fruit and nut can be used.

"The experienced guys can listen to them and how they crack together to know what the moisture content is,” said Neuman. “I don't claim to be one of them yet, so I trial and error them at different times and different batches to what works so I don't ruin a whole crop."

Neuman has been working with the state and Ames International, a distributor of gourmet nuts. They are hoping to bring in a new shipment of plants from India.  A prior shipment of 3,000 seedlings, which was held up by red tape and hurricane related delays, didn't survive the long voyage.

While Neuman waits for the ship to come in, he's working on his farm – turning to vanilla, bee hives, and farm fresh eggs to keep afloat. And that means working what he calls his "chicken tractor" to keep his prized cashews trees nurtured. His mobile contraptions are a product of "trial and error" too.

"They can be on fresh ground as often as possible. Therefore, they eat the grass as you can see, and they fertilize the trees because the chicken tractor is raised on the wheels. All of their poop drops out," said Neuman. "You just open up the back and you can see you have a couple nesting bins and you have farm fresh free range eggs.”

Sold under the Neuman Farms moniker, it's part of the picture as the cashew business gets launched and on its way. Cashews are a tough nut to crack, but Neuman's toughing it out to see where it grows.

Source: http://www.kitv.com/story/30601279/cashews-the-new-cash-crop-for-hawaii

Tanzania: Cashew exports to strengthen shilling


Tue Nov 24, 2015



“The shilling will likely appreciate slightly against the dollar next week on the back of the ongoing cashew nut export season and month-end inflows. We expect it to trade in the 2,140-2,150 range,” said Mohamed Laseko, a dealer at CRDB Bank.

Kenyan shilling was seen firming up due to limp dollar demand from large companies. Commercial banks quoted the shilling at 102.25/35 to the dollar, compared with last Thursday’s close of 102.15/25.

One Nairobi-based trader said corporate dollar demand has been weak and this was likely to carry on into next week. “From the look of it, (the shilling) may strengthen. Demand is very weak,” said the trader.

A second trader expected the local currency to stay in a tight 102.00-102.40 range into next week. The Nigerian naira is seen trading around the same level next week, as the central bank keeps a tight rein on the forex market.

The local currency was trading at 230 to the dollar on the parallel market on Thursday, the same level last week, while in the interbank market the local currency was trading at 198.97 to the dollar at 1204 GMT compared with 197 naira last week.

The central bank had adjusted its exchange rate peg more than 15 times since it introduced control in the interbank market in February in a bid to conserve its forex reserves. The naira peg rate has been adjusted between 198 and 196.95 to the dollar. The central bank is expected to hold its Monetary Policy Committee meeting next Tuesday, but traders said not much change is anticipated from the meeting.

The Ugandan shilling is forecast to weaken over the next week, hurt by a likely uptick in corporate dollar demand. At 1116 GMT commercial banks quoted the shilling at 3,365/3,375, stronger than last Thursday’s close of 3,495/3,505.

“Corporate clients have been on the sidelines for days...some demand should start to materialise next week especially as end-month nears,” said a trader at a leading commercial bank. The trader said the IMF’s lowering of Uganda’s 2015/16 growth projection to 5 percent from a previous 5.8 percent will also likely keep the shilling pressured.

Ghana’s cedi could come under pressure in coming weeks on increasing dollar demand for seasonal imports ahead of the Christmas season. The local currency has been fairly stable in the past three months after slumping nearly 30 percent in the first half of the year.

It was trading at 3.8300 to the greenback at 1120 GMT on Thursday compared with 3.8000 a week ago, according to Thomson Reuters data. “The usual demand for foreign exchange by importers towards settlement of bills marked for the festive season is growing, and it’s not certain yet whether the cedi would be able to withstand the rising demand,” Joseph Biggles Amponsah, analyst at the Accra-based Dortis Research, said.

Source: http://dailynews.co.tz/

Ghana: MOFA, MOTI hold workshop to accelerate growth of cashew industry


Tue Nov 24, 2015



In a bid to create a sustainable and enabling environment for the growth of the cashew industry into a profitable enterprise, the Ministry of Food and Agriculture and Ministry of Trade and Industry have held a two day workshop in Sunyani for stakeholders in the cashew industry.

It aimed to among other things jointly develop a roadmap to accelerate the growth and competitiveness of the Ghanaian cashew industry.

In a speech delivered on his behalf, the President of the Cashew Industry Association of Ghana, Winfred Osei Owusu urged the participants to come up with solutions that would help develop the sector.

Source: http://m.gbcghana.com/

Netherlands: Demand for raw, shelled nuts on the rise

November 24, 2015




November and early December are usually quite busy for Tovano, a nut and dried fruit company based in Maasdijk, The Netherlands, "But this is not a defining period for us. We distinguish ourselves with year round nuts and dried fruit, and we work with top brands like Medjoul-dates from Golden Dates, figs from Ephesus and walnuts from Diamond," says Richard Strijbis.Tovano's products find their way to retail organizations in the Netherlands and abroad, exporters in the fresh produce sector, industrial food processing companies, wholesalers and itinerant trade.

This does not take away from Tovano's purchasers who supply their customers with more nuts and dried fruit during the winter months, "In particular, raw, shelled nuts are on the rise. Each year we sell more shelled walnuts, Brazil nuts, pecan nuts and almonds.  We import these nuts from Eastern Europe, Chile and the U.S., and each place has its own price," says Richard.

The new crop of unshelled walnuts has arrived from California, "We used to only have one kind of walnut, but now we have eight different kinds in our warehouse. The harvest has been good this year, large volumes are coming in, which means better prices than last year," says Richard. "Apricots, dates and figs are also popular, along with the Medjoul-dates. We supply these in a variety of packages, ranging from small to bulk."The hype for super foods like chia seeds, hemp seeds and goji berries has calmed down, "We have always said: we will continue supplying them as long as there is demand, but it is very different from nuts."

Source: http://www.freshplaza.com

Thứ Ba, 24 tháng 11, 2015

IVC: Cashew sector: towards the establishment of a college of cashew producers and interprofessional

AIP - 11/24/2015



Fifty delegates from agricultural professional organizations (OPA) and cooperative societies of the 19 regions of cashew production met in order to adopt a common approach and an approach to the establishment of the college and producers interprofessional of this agricultural sector. It was during this meeting, held on Saturday at a hotel in Abidjan, to clarify the modalities for the establishment of producers College, explained the president of the organizing committee, Metan Koné at the opening session. 

This meeting initiated by the collective of professional agricultural organizations and cooperatives for the creation of producers and inter-college, is expected to build on the achievements of the various initiatives taken for the implementation of the inter, said Mr. Koné. He noted that the meeting would bring together the views of OPA and producers, evoking the setting up of a presidium and a plan of action. 

After the reform of the sector adopted in 2013, six areas have been identified, namely coaching, bagging, marketing of cashews, local processing, research and organization of industry players . This axis remains a major concern, says one. The Ivorian cashew production is estimated to date, more than 700,000 tons, making the country the largest producer. kkf / tm

Source: Abidjan News

Vietnam: Cashew exports to reach 2.5 billion USD in 2015


PANO - Tuesday, November 24, 2015, 17:11 (GMT+7)
The Vietnamese cashew sector expects to pocket 2.5 billion USD from exports in 2015.
At the seventh International Cashew Conference - Vietnam 2015 held in Ho Chi Minh City on November 23, Vietnam Cashew Association (Vinacas) Chairman Nguyen Duc Thanh said that most major agricultural products are seeing declines, but this sector has enjoyed high growth.
Cashew processing for exports.
Vietnam will continue to maintain its market share of over 50 percent of the globe’s cashew nuts. It is also the 10th consecutive year the country has topped the world’s cashew exporters list, Thanh added.
In the first 10 months of the year, the sector shipped 272,000 tonnes of cashew nuts, earning an export turnover of 1.97 billion USD, up six percent in volume and 18 percent in value compared with the same period last year.
Despite achieving significant progress on the international market, the sector has continued facing big challenges such as the dependence on imported materials.
Vietnam produces about 1.3 million tonnes of cashew nuts a year, but the country can only supply 500,000 tonnes of raw materials and imports the rest from Africa and Cambodia.
Vinacas has introduced several programmes to support the sector, organised meetings with foreign material suppliers, and coordinated with the US’s Food and Drug Administration (FDA) to examine cashew processing factories to ensure nut quality for export.
Source: VNA

Vietnam: International cashew processing exhibition opens in Long An

  • Tuesday, 11/24/2015



  • AsemconnectVietnam - The third International Cashew Processing Equipment Exhibition opened on November 22 in the southern province of Long An, according to the Vietnam Cashew Association (Vinacas).

  •  
    The event saw participation from 100 cashew manufacturers from 40 countries worldwide.

    According to Chairman of Vinacas Nguyen Duc Thanh, most members of the association have used processing machines to manufacture quality products, meeting requirements of international customers such as the EU, the US and Japan.

    Domestically made machines help cut processing costs and time from 16 days to 10 days, with the rate of broken nuts at only 10 percent, he added.

    Vietnam has several cashew processing machine brands, including Khuong May Viet, Hong Hai, Phuc Thang, Cao Phat, My An An and Mekong. The machines have been exported to many countries such as India, China, Indonesia and Africa.

    In the first 10 months of 2015, Vietnam exported 272,000 tonnes of cashew nuts for a turnover of 1.9 billion USD, up 6 percent in volume and over 18 percent in value compared with the same period last year.

    The cashew sector is expected to bring home 2.5 billion USD in 2015, of which 2.3 billion USD is from cashew nuts.

    Vietnam continued accounting for over 50 percent of the globe’s cashew nut trade value of about 5 billion USD, and maintained its title as the world’s leading cashew nut exporter for the 10th consecutive year.

    Source: vov.vn
  • India: Diamond City fast emerging as cashew processing hub


    Tue Nov 24, 2015



    After diamonds and textiles, its now cashews nuts. Surat is fast emerging as a processing hub of raw cashew nuts imported mostly from the African countries like Tanzania and Kenya.

    Over 200 big and small cashew nuts processing units have come up in and around the city, including in parts of Amroli, Kamrej and Surat-Navsari Road in the last couple of years to meet the growing demand of cashews in the Diamond City in particular and Gujarat in general.

    As per an estimate provided by industry experts, the Diamond City processes around 125 tons of raw cashew nuts per day - around 45,000 tons per year. The yield from one ton of raw cashew is around 25%. Hence, nearly 30 tons of cashew nuts are produced every day in the city-around 10,000 tons per year which are supplied in the local market and to neighbouring states of Maharashtra and Madhya Pradesh.

    Most of the raw cashew comes from the Mundra port. Tanzanian cashew nuts are considered to be of the best quality followed by those from Benin in West Africa, Kenya and Indonesia.

    Ajay Sharma, owner of a cashew nut importing firm in the city, said, "Three years ago there were only 10 to 15 cashew nut processing units in the city, now we have more than 200. The city is fast emerging as the cashew processing hub."

    "We have taken the consultancy for importing more than 5,000 metric tons of raw cashew from Tanzania to Surat for one Neelkanth Enterprises. Auctions are held at Mtwara district in Tanzania for raw cashews. This is going to be the first direct import of raw cashews in the city. We have good port facilities at Adani Hazira port and at the Inland Container Depot (ICD) at Sachin."

    Sanjay Makwana, who has a processing unit near Sachin, attributed the reasons for growth in import from Tanzania to factors such as quality of cashew and direct calling of mainline container vessels to Surat.

    Makwana, who processes around two tons of cashew every day said, "Tanzanian seeds have good colour and size. The price of Tanzania cashew and Indian cashew is almost the same in the retail market. But one can easily differentiate between Indian and Tanzanian cashew from its colour and size. This fact helps the processing industry to compete with the Indian cashews."

    Source: http://timesofindia.indiatimes.com/

    India: Shibu Baby John to get Cashew ministry...


    Mon Nov 23, 2015



    The UDF has decided to allot the position of chairman of the Forward Castes Development Corporation to the RSP. Further, the RSP representative in the ministry, Shibu Baby John, would be responsible for Cashew.

    The party had earlier made it clear that it did not need the deputy speaker's post for three months. Discussions regarding that also did not progress.

    Meanwhile, the RSP had complained to the CM that its members were not considered when representatives to the Travancore Devasvom were announced.

    After Prayar Gopalakrishnan resigned from the position of head of the Forward Castes Development Corporation to become head of the Devasvam Board, his post is being allotted to the RSP.

    RSP's Alappuzha district secretary B. Rajasekhran would take over the post.

    The appointment of Shibu Baby John is believed to have been motivated by corruption in the Cashew Development board. The setback the UDF received at Kollam during recent elections was also a trigger.

    The LDF had, during its tenure, entrusted P.KGurudasan, who hails from Kollam, to oversee the Cashew department under the Industries Department.

    This had helped the LDF during the elections. Shibu Baby John has demanded financial assistance for the department.

    Cashew Development Corporation Chairperson R. Chandrashekaran, and some of the board members had recently resigned. The government had decided that the position would not be fulfilled by political appointments.

    The new feeling is that a committee of officers with the collector as chair would suffice to manage the corporation.

    Source: http://english.manoramaonline.com/

    Thứ Sáu, 20 tháng 11, 2015

    Tanzania: Grand plan to boost cashew output mooted


    November 20, 2015



    ABOUT seven percent of the export levy being accumulated from cashew nuts will be issued to Naliendele Agricultural Research Institute (NARI), to strengthen expertise and develop researchers’ knowledge in the production of the Cash Crop.

    The Vice Chairman of the Cashewnuts Board of Tanzania, Mr Mudhihiri Mudhihiri, made the remarks in Dar es Salaam on Tuesday during the official closure of the Third International Cashew Conference which was organized by the NARI, CBT and Cashew nuts Industry Development Trust Fund (CIDTF).

    Mr Mudhihiri pointed out that some cashew producing countries were still facing many technical and institutional challenges like marketing constraints, new diseases and pests outbreaks, technical know-how and inadequate planting materials.

    “Significant progress has been made in the improvement of Cashew conventional methods to further enhance production and productivity using modern techniques such as biotechnology,” said Mr Mudhihiri.

    There is a need to put in place efficient and effective strategies of implementing the outcomes of this conference, he said. “I hope you will all agree with me that all your deliberations will count for nothing if not put in practice,” he noted.

    The Lead Scientists of the Cashew Research Programme, Mr Peter Massawe, pointed out that more than 30 papers were presented and discussed.

    “About 12 resolutions were reached on the best practice of producing, processing and marketing cashew nuts,” said Mr Massawe. Most of the technology of cashew nuts production is being borrowed by other countries from Tanzania.

    Tanzania: Yes, cashew nuts must be processed


    Wed Nov 18, 2015



    The Acting Cashewnut Board Chairman, Mr Mudhihir Mudhihir, announced the good news on Monday, when addressing a press conference in Dar es Salaam on the sidelines of the Third International Cashew Conference (ICC).

    Mr Mudhihir revealed that construction of the factories in Mtwara, Tunduru and Mkuranga were earlier planned to start last month, but due to some logistical constraints the projects have been delayed.

    Construction of the three factories are expected to bring about tremendous change to the welfare of thousands of cashew growers in the country as well as providing jobs to several hundreds of thousands of people in the areas.

    According to officials in the Ministry of Agriculture, Cooperatives and Marketing, the proposed factories are projected to absorb up to 80 per cent of cashew nut produced in the country. Most of the crop is currently exported raw to several Asian countries including India, where processing factories continue to offer jobs to thousands.

    It is hoped that the proposed factories will bring to an end decades of the unfortunate scenario that saw Tanzania exporting jobs to Asian nations.

    However, the processing factories should also be extended to other crops including cotton, coffee, oil seeds and fruit, which continue to be exported raw, much to the chagrin of millions of farmers. Tanzania has great potential in developing those crops and is among the leading producers on the African continent.

    Tanzanians have for long been calling for establishment of processing factories and broad industrialisation programmes to accelerate poverty reduction. The ruling Chama Cha Mapinduzi (CCM) in its 2015-2020 Election Manufesto underlined that industrialisation and agro-based factories are among its priorities.

    President John Pombe Magufuli is his campaign trail repeatedly declared that industrialisation was going to feature prominently in his development agenda. This is the time for action.

    Source: http://www.dailynews.co.tz/index.php/editorial/44301-yes-cashew-nuts-must-be-processed

    Mozambican increases cashew nut processing


    Wed Nov 18, 2015




    Mohammed Yunus Abdul Gaffar, president of the Cashew Industry Association (Aicaju), said he expected the cashew campaign in Mozambique to be good this year, which was the basis for growth of the processing industry. Cashew processing companies are expected to process 41,500 tons of nuts by the end of the year, a 66 percent increase compared to the 25,000 tons processed in 2014.

    The industrial cashew sector in Mozambique currently employs just over 12,000 workers, a number that is expected to increase in the near future with the entry into operation of new plants, according to daily newspaper Notícias. A new cashew processing factory will be inaugurated shortly in Nampula district and another is due to start operating in 2016 in the Liupo district.

    There are currently 14 cashew processing factories operating in Mozambique, mostly in Nampula province, the country’s largest producer, with over 14 million cashew trees.

    The goal for 2015/2016 is to sell 100,000 tons, against 80,000 ton the previous year.

    Source: macauhub.com.mo

    Thứ Ba, 17 tháng 11, 2015

    Cashew industry gets $14 million boost (Tanzania)


    November 17, 2015




    Dar es Salaam. About Sh30 billion has already been allocated for the construction of three cashew nut factories which will help to boost country’s processing capacity of the second largest export cash crop.
    The factories that are planned to be built in Mtwara, Mkuranga and Tunduru will save the current 80 per cent of Tanzania cashew nuts exported in raw form and deny the country’s opportunity to create employment, collect revenue through some taxes and enable farmers earn more from processed cashews.
    Each factory will have capacity to process 10,000 tonnes of cashew nuts per annum and assure farmers with high returns when their produces are processed locally before exporting. Cashew nut Industry Development Trust Fund (CIDTF) will fund the construction of the industries.
    Acting Chairman, Cashew nut Board of Tanzania (CBT), Mr Mudhihir Mudhihir told the press yesterday at the sideline of 3rdInternational Cashew Conference held in Dar es Salaam and brought together 140 participants from 22 countries that the construction is waiting some activities to complete.
    “We had planned to start the work October this year but the designs are yet to be completed,” he said.
    According to Mr Mudhihir, Ardhi Universality (Aru) was contracted to work on the designs while the University of Dar es Salaam (UDSM) was working of the best approach of operating the industries.
    The Permanent Secretary, Ministry of Agriculture, Food and Cooperative, Sophia Kaduma told participants from countries like Ghana, Malawi, India, Kenya, Benin, Australia, Pakistan, Mozambique and Burkina Faso that Tanzania is very concerned with low processing capacity and that is why effort is in place to increase local processing capacity.
    Ms Kaduma informed the participants that cashew nuts will be the first crop to benefit from the Commodity Exchange Market which was launched recently by the retired president, Jakaya Kikwete.

    “We will only have to link the Receipt Warehouse System to the Commodity Exchange Market to ease marketing activities of the crop,” said Ms Kaduma.
    By Felix Lazaro
    The Citizen, Tanzania

    Tanzania: Cashew Industry Gets Sh30 Billion Boost


    November 16, 2015



    Dar es Salaam — About Sh30 billion has already been allocated for the construction of three cashew nut factories which will help to boost country's processing capacity of the second largest export cash crop.The factories that are planned to be built in Mtwara, Mkuranga and Tunduru will save the current 80 per cent of Tanzania cashew nuts exported in raw form and deny the country's opportunity to create employment, collect revenue through some taxes and enable farmers earn more from processed cashews.Each factory will have capacity to process 10,000 tonnes of cashew nuts per annum and assure farmers with high returns when their produces are processed locally before exporting. Cashew nut Industry Development Trust Fund (CIDTF) will fund the construction of the industries.Acting Chairman, Cashew nut Board of Tanzania (CBT), Mr Mudhihir Mudhihir told the press yesterday at the sideline of 3rd International Cashew Conference held in Dar es Salaam and brought together 140 participants from 22 countries that the construction is waiting some activities to complete."We had planned to start the work October this year but the designs are yet to be completed," he said.

    According to Mr Mudhihir, Ardhi Universality (Aru) was contracted to work on the designs while the University of Dar es Salaam (UDSM) was working of the best approach of operating the industries.The Permanent Secretary, Ministry of Agriculture, Food and Cooperative, Sophia Kaduma told participants from countries like Ghana, Malawi, India, Kenya, Benin, Australia, Pakistan, Mozambique and Burkina Faso that Tanzania is very concerned with low processing capacity and that is why effort is in place to increase local processing capacity.Ms Kaduma informed the participants that cashew nuts will be the first crop to benefit from the Commodity Exchange Market which was launched recently by the retired president, Jakaya Kikwete."We will only have to link the Receipt Warehouse System to the Commodity Exchange Market to ease marketing activities of the crop," said Ms Kaduma.

    Source: http://allafrica.com/storie

    Thứ Bảy, 14 tháng 11, 2015

    Mozambique firm eyes 41,000 tons processed cashew output



    November 13, 2015




    The chairman of the Cashew Industry Association (Aicaju), Mohammed Yunus Abdul Gaffar has said the country’s cashew processing companies will process 41,500 tons of nuts by the end of the year, a 66 percent increase compared to the 25,000 tons processed in 2014, APA can report on Friday.

    Addressing the opening ceremony of the 2015/2016 cashew sales campaign, an event that took place in Muecate district, Nampula province, Gaffar said he expected the cashew campaign to be good, which was the basis for growth of the processing industry.

    The chairman of Aicaju said this year would also see the launch of processing cashew bark to extract oil, which is seen as an important step in the integrated development of the cashew industry in Mozambique.

    The industrial cashew sector in Mozambique currently employs just over 12,000 workers, a number that is expected to increase in the near future with the entry into operation of new plants.A new cashew processing factory will be inaugurated next month in Nampula district and another is due to start operating in 2016 in the Liupo district.

    There are currently 14 cashew processing factories operating in Mozambique, mostly in Nampula province, the country’s largest producer, with over 14 million cashew trees.The goal for 2015/2016 is to sell 100,000 tons, against 80,000 ton the previous year.

    http://en.starafrica.com/

    India: Bright prospects for cashew cultivation


    November 14, 2015



    The north-east monsoon has been active enough to raise horticultural crops in general and cash crops in particular in the district. Farmers should raise cashew saplings before November, said R. P. Gnanamalar, Professor and Head of Krishi Vigyan Kendra, Vamban.Speaking after inaugurating a massive planting programme to promote cashew cultivation in the district on Friday, she said that ‘VRI-3’, developed by Tamil Nadu Agriculture University, was most suited for the soil condition of the district.She pointed out that the scope for expanding the area under cashew cultivation in the district was wide and about 10,500 hectares had been brought under the crop so far, with Alangudi, Gandarvakottai and Maramadakki.She advised the farmers to go in for VRI- 3 and VRI (CH) 1 varieties so as to realise higher yield and returns.

    K. Dhanalakshmi, a faculty member, said that the kernel and cashew nut were of high quality in these varieties. The Krishi Vigyan Kendra would ensure a close follow-up on the cultivation techniques. An interaction with farmers would be held periodically so as to exchange their views and experience.

    Source: http://www.thehindu.com/

    Zambia: African bank loans Zambia 45 million USD to boost cashew nut production


    Fri Nov 13, 2015


    The African Development Bank (AfDB) has given Zambia a 45 million U.S. dollars loan to help the southern African nation boost its production of cashew nuts, the bank’s unit in Zambia announced on Tuesday.

    The loan to Zambia is part of three loans amounting to 94 million dollars approved by the bank’s board during its meeting on November 4 for three countries.

    The bank said in a statement that the 45 million dollars loan represents 81.2 percent of the 55.42 million dollars total cost of the project, with the Zambian government expected to provide 8.31 million dollars while the beneficiaries will contribute 2.11 million dollars, representing 3.8 percent.

    According to the statement, the loan would help in leveraging the cashew value chain through irrigation infrastructure for cashew nurseries and clone gardens, cashew plantation rejuvenation, establishment and infrastructure for cashew-processing and marketing.

    The project will be implemented over a five-year period in 10 districts of western Zambia and about 60,000 stallholder farmers, who include 30,000 women and 7,000 youths are expected to benefit from the project.

    The 10 districts were selected on the basis of their high potential for cashew production.

    Currently, Zambia produces about 130,000 tons of raw cashew nuts per year, well above the local requirement of 50,000 tons, according to figures from the Cashew Growers Association of Zambia.

    Source: http://www.coastweek.com/3846-agriculture-05.htm

    Vietnam: Cashew nut exports may set new record

    Released at: 13:09, 14/11/2015



    Value in 2015 may exceed $2.5 billion as Vietnam continues to be world's largest exporter.
    With turnover in cashew nut exports reaching nearly $2 billion in the first ten months of the year it is forecast that the figure for the year as a whole will set a record of $2.5 billion and Vietnam will continue to have no major rivals in the industry.
    According to the Ministry of Agriculture and Rural Development (MARD), 272,000 tons of cashew nuts worth $1.97 billion were exported in the first ten months, a 6.3 per cent increase in volume and 18.1 per cent in value compared with the same period of 2014. The US, China, and the Netherlands were the three largest import markets, accounting for 35.67 per cent, 12.92 per cent and 12.86 per cent, respectively, of export value.
    Price and volume surge
    The average export price of cashew nuts since the beginning of the year stands at $7,263 per ton, up 11.8 per cent year-on-year. The price on the global market in October and early November continued to increase strongly thanks to rising demand among consumers.
    Many experts predict that this year Vietnam’s cashew nut sector may reach a new export record of 320,000 tons worth $2.5 billion; much higher than in 2014. Cashew nuts are Vietnam’s third-largest agricultural product, after coffee and rice, and accounts for 8 per cent of total export turnover in the agriculture sector.
    After exporting its first cashew nuts in 1988 Vietnam now dominates the global market. Consumer demand is growing by about 10 per cent each year worldwide, while the capacity to increase growing areas and productivity is only 5 per cent. Global demand remains quite large and represents a good opportunity for Vietnam’s cashew nut industry.
    While many of Vietnam’s key agricultural products are overly dependent on the Chinese market or a only a few major markets, its cashew nuts are exported to more than 50 markets on all continents.
    Without rival
    Compared to those from African countries the cashew nuts Vietnam produces are of much better quality. The country has established a cashew nut industry that primarily uses machine processing and domestic technology to significantly cut production costs and ensure quality. China is now investing strongly in cashew nut processing to become a stronger exporter but must import all of its raw cashew nuts from Vietnam.
    Although exports are continually increasing there are difficulties being experienced due to a shortage of raw material resources, making the promotion of domestic cashew nut productivity an urgent task. According to Mr. Nguyen Van Hoa, Deputy Head of the Department of Crop Production at MARD, Vietnam has more than 300,000 ha of land for growing cashew nuts, concentrated in the provinces of Binh Phuoc, Ba Ria Vung Tau, Dong Nai, Binh Thuan, Phu Yen, Binh Dinh, and Dak Lak.
    To ensure the sustainable development of the cashew nut industry a program of intensive farming and renovating cashew nut farms, initiated by the Vietnam Cashew Association (Vinacas) and directed by MARD, has made strides forward in recent years in improving productivity and quality. Vinacas has introduced a total of 190 demonstration sites on the transplantation of cashew nut farms, which have improved harvest productivity by 20-30 per cent compared to previous years. Although the area of cashew farms remains at 300,000 ha, the cashew nut farm renovation program will raise cashew nut output to 450,000 tons by 2020.
    Chu Khoi - Tue Lam
    Source: http://vneconomictimes.com/article/business/cashew-nut-exports-may-set-new-record