Vietnam: Businesses sell this seed at a high price to the United States and China, farmers are upset because the price in the garden has hit the bottom

Cashew Nut Kernel

Vietnam

Published May 4, 2022

Tridge summary

While farmers have to sell fresh cashews at low prices, the export price of Vietnam's cashew nuts in the first three months of 2022 still increased by 1.7% over the same period in 2021. Domestic fresh cashew prices decreased, farmers were sad, According to statistics of the General Department of Customs, in March 2022, Vietnam's cashew exports reached approximately 40,000 tons, worth 239 million USD, up 57.8% in volume and up 58.6 % in value compared to February 2022, down 10.4% in volume compared to March 2021, and down 7.9% in value.

Original content

While farmers have to sell fresh cashews at low prices, the export price of Vietnam's cashew nuts in the first three months of 2022 still increased by 1.7% over the same period in 2021. Domestic fresh cashew prices decreased, farmers were sad, Export prices of cashews are still increasing According to statistics of the General Department of Customs, in March 2022, Vietnam's cashew exports reached approximately 40,000 tons, worth 239 million USD, up 57.8% in volume and 58.6% in value compared to that of the General Department of Customs. February 2022, compared with March 2021, down 10.4% in volume and 7.9% in value. In the first quarter of 2022, Vietnam's cashew exports reached 104,900 tons, worth $624.67 million, down 6.5% in volume and 4.9% in value over the same period in 2021. In March 2022, the average export price of Vietnam's cashew nuts reached US$5,981/ton, an increase of 0.5% compared to February 2022 and an increase of 2.8% compared to March 2021. In the first quarter ...

Source: Vinacas