Cashew Kernel Price Today

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Thứ Hai, 27 tháng 2, 2017

IVC: Traffic in cashew nuts from Côte d'Ivoire to other countries has not increased, according to producers

February 25, 2017

The president of the Côte d'Ivoire cotton and cashew nut council, Adama Coulibaly, said Friday in Abidjan that the Ivorian cashew nut trade, which is the world's largest exporter with more than 602,000 tons, Not increased as the media say, at a salon. "The phenomenon, which is not new, has not been amplified, as the media report at this time," said Mr. Coulibaly, for whom "it is necessary to relativize".

On 17 February, Abdoulaye Sanogo, the secretary of the National Federation of Buyers of cashew nuts and cashew cooperatives from Côte d'Ivoire (FENACACI), denounced the release of "a large quantity" of nuts before the official opening of countryside. "All the authorities are working to secure the borders so that Côte d'Ivoire does not know more leakage of products compared to the quantity already released," reassured Adama Coulibaly, during the first edition of the days National exporters of cashews.

The president of the Côte d'Ivoire exporters' association, Diaby Aboubacar, however, drew the government's attention to the risks of fraudulent "exits" of cashew nuts at land borders. For him, if measures are not taken, this could affect "qualitatively and quantitatively" the performance of the sector.

The 2017 season opened in mid-February with an indicative price of CFAF 440 / kg compared to CFAF 350 / kg in 2016, an increase of 90 FCFA. These days, with the theme: "emergence of the cashew sector in Côte d'Ivoire and challenges related to external marketing" should end on Saturday.

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