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Myanmar's cashew nut prices have significantly dropped as regulations followed by the COVID-19 have driven exports low

Market Situation
Price Trend
Apr 22, 2020
Written by
Lone Sai
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The harvest season of cashew fruits is starting from March in Myanmar. Since the Myanmar government has implemented the control measures to prevent COVID-19, there is a lockdown, internal travel ban, and restriction of border trading. Thus one of the biggest buyers of cashew nut, China, has not placed an order from Myanmar suppliers since March. The price of raw cashew nut is currently significantly low, one-third of the price in 2019.
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