Cambodia's cashew exports surge, 870,000 tons in 8 months

Ensilo, chairman of the Cambodia Cashew Association, recently said that in the first eight months of this year, Cambodia's cashew exports reached 870,000 tons, of which 800,000 tons were exported to Vietnam, with an export value of about US$1.2 billion. Ensilo pointed out that after the price of cashews fell in February this year, the association members began to dry cashews. This move has caused the price of fresh cashews to rise. It is worth noting that in the past 15 years, the price of fresh cashews in April has never risen. Currently, the price of cashews has begun to fall and is now US$1,570 per ton. According to the announcement of the Ministry of Agriculture, Forestry and Fisheries, the current cashew planting area in Cambodia has reached 700,000 hectares, and the yield per hectare is about 58 tons. According to statistics from the Cambodia Cashew Association, there are currently 10 provinces that grow cashews, namely Kampong Thom, Ratanakiri, Kampong Cham, Mondulkiri, ...