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.

Chủ Nhật, 26 tháng 2, 2017

IVC: FENACACI denounces the "fraudulent exit" of the cashew nut by the land borders of Ivory Coast


February 20, 2017



A large quantity of cashew nuts exited by Ivorian land borders before the official opening of the 2017 marketing campaign, denounced Friday in Bouaké (North-Central), the Secretary of the National Federation of Cashew Purchasers And cashew cooperatives from Côte d'Ivoire (FENACACI), Abdoulaye Sanogo.

"We have noticed that long before the announcement of the prices there is a large amount of cashew nuts that has left the land borders," said Mr. Sanogo, explaining that "this weakens our sector because by these The State is unable to collect its DUS and this leads us to unfair competition ".

In addition, Abdoulaye Sanogo notes, "We certainly agree with the government that allowed exporters to move to Bouaké in the central stores but we note that they come to take warehouses in the market of large''. '' What we also consider unfair competition, '' he concluded.

Côte d'Ivoire is counting on this year's 2017 campaign, last Thursday, to produce around 715 000 tonnes of cashew nuts. The field price of the kilogram of the cashew nut for this campaign was fixed at 440 FCFA by the Ivorian government.

In 2016, the country registered 649,587 tonnes of cashew nuts and processed locally 40,383 tonnes, or 6%. Côte d'Ivoire is the world's largest producer of cashew nuts with about 25% of production and the world's largest exporter with 40% of the world's supply.

Sourcefr.africatime.com

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