Cashew Kernel Price Today

Cashew Kernel Price Today, August 04, 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, 6 tháng 8, 2017

Cashew: the best cooperative in Ivory Coast expects a turnover of more than 6 billion FCFA

04 August 2017



Bouake (Cote d'Ivoire) - Cooperative with the board of the food and cashew (COOP-CA-VICA), the winner of the Excellence Award in 2016 for best agricultural cooperative civil form of perennial crops (Nuts cashew) in Ivory Coast, is waiting for the end of 2017 commercial campaign cashew, over 6 billion FCFA in revenue against 4 billion CFAF in 2016. 

the information was given on Tuesday in Bouake ( North Center) by the Board of Directors of the co-CA-VICA at a press conference co-hosted by the President, the Vice President and Secretary General. 

With cultivable area of 18,735 hectares and a cashew production estimated at 12 721.4 tons, the co-CA-VICA is expected for the end of year 2017 a turnover of almost 6, 3 billion FCFA, says the projected picture drawn by its board of directors. In 2016, the cooperative had produced 8,000 tons of cashew nuts with a turnover of over 4 billion FCFA. 

For this agricultural cooperative that aims to pass the mechanization of its agriculture and create the cashew processing plant in Bouake, the credit access problem in conventional banks remains a concern. 

According to the Chairman of the Board (PCA) of the co-CA-VICA Amadou Traore, only the establishment of a genuine policy of financing by private banks could help agricultural cooperatives to break the informal , allowing the latter to create wealth that can then be redistributed to producers. 

For example, he noted, the co-CA-VICA wants to switch to the mechanization of its agriculture '' by buying tractors for our producers' costing '' close to 30 million CFA francs the unit''. 

'' We want to create a processing plant cashews for our producers '' why '' we have already acquired a plot of 2 ha in Bouake, '' he added, lamenting afterwards lack support of traditional banks to finance these 'important' projects. 

'' There are many difficulties for banks to accompany us, only a few micro-finance companies often accompany us to the best of their resources '' said for his part the vice president Arouna Konaté, adding that '' several years we make requests for loans from conventional banks but so far it has not market ''. 

'' The financial contribution we receive from our external partners, such as India, during commercial campaigns cashew does not allow us to really make a profit '' because '' there is too much pressure behind the money and turnaround contracts are too short '', has he then noted. 

Transformed into a cooperative society in 2013 with the headquarters in Tomono in the sub-prefecture of Mankono (North Central), the co-CA-VICA claims to date (2017) almost 3000 members in several Coast regions 'Ivory. 

CK / ls / APA adding that '' several years we make requests for loans from conventional banks but so far it has not market ''. '' The financial contribution we receive from our external partners, such as India, during commercial campaigns cashew does not allow us to really make a profit '' because '' there is too much pressure behind the money and turnaround contracts are too short '', has he then noted. Transformed into a cooperative society in 2013 with the headquarters in Tomono in the sub-prefecture of Mankono (North Central), the co-CA-VICA claims to date (2017) almost 3000 members in several Coast regions 'Ivory. CK / ls / APA adding that '' several years we make requests for loans from conventional banks but so far it has not market ''. '' The financial contribution we receive from our external partners, such as India, during commercial campaigns cashew does not allow us to really make a profit '' because '' there is too much pressure behind the money and turnaround contracts are too short '', has he then noted. Transformed into a cooperative society in 2013 with the headquarters in Tomono in the sub-prefecture of Mankono (North Central), the co-CA-VICA claims to date (2017) almost 3000 members in several Coast regions 'Ivory. CK / ls / APA '' The financial contribution we receive from our external partners, such as India, during commercial campaigns cashew does not allow us to really make a profit '' because '' there is too much pressure behind the money and turnaround contracts are too short '', has he then noted. Transformed into a cooperative society in 2013 with the headquarters in Tomono in the sub-prefecture of Mankono (North Central), the co-CA-VICA claims to date (2017) almost 3000 members in several Coast regions 'Ivory. CK / ls / APA '' The financial contribution we receive from our external partners, such as India, during commercial campaigns cashew does not allow us to really make a profit '' because '' there is too much pressure behind the money and turnaround contracts are too short '', has he then noted. Transformed into a cooperative society in 2013 with the headquarters in Tomono in the sub-prefecture of Mankono (North Central), the co-CA-VICA claims to date (2017) almost 3000 members in several Coast regions 'Ivory. CK / ls / APA during commercial campaigns cashew does not allow us to make profit truly '' because '' there is too much pressure behind the money and turnaround contracts are too short, '' a-t- then raised it. Transformed into a cooperative society in 2013 with the headquarters in Tomono in the sub-prefecture of Mankono (North Central), the co-CA-VICA claims to date (2017) almost 3000 members in several Coast regions 'Ivory. CK / ls / APA during commercial campaigns cashew does not allow us to make profit truly '' because '' there is too much pressure behind the money and turnaround contracts are too short, '' a-t- then raised it. Transformed into a cooperative society in 2013 with the headquarters in Tomono in the sub-prefecture of Mankono (North Central), the co-CA-VICA claims to date (2017) almost 3000 members in several Coast regions 'Ivory. CK / ls / APA


Source: http://news.abidjan.net/h/619934.html

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