English vietnam
Thứ 4, 19 / 01 / 2022
I, IMPORT - EXPORT DATA IN JANUARY,2021

1.Import

Vietnam imported a total of 139,945 mt RCN in January 2021, which is 113.35% more than in January last year.
On top of that, Vietnam imported 7,401.55 mt of raw cashew kernels with testa, the equivalent of 32,895 mt RCN. That is 111.62% more than the same month last year.
Both imports of kernels and kernels with testa more than doubled this month compared to January last year.

2.Export
Vietnam exported 47,854 mt of cashew kernels in January 2021. It is almost 5,000 mt less than last month but a considerable increase compared to the previous year. 
Exports in January 2021 are 82.32% higher than in January 2020. 

II, MARKET NEWS AND EVALUATION

1. Raw cashew market


There have been many offers of West Africa RCN on the market. However, there are not many buyers. There are some successful deals with prices:
  • IVC 48/200: 1150 USD/mt C&F HCM,
  • IVC 49/200: 1170 - 1185 USD/mt C&F HCM,
  • Nigeria 49/200: 1050 - 1070 USD/mt HCM
Tanzania raw cashew 2020 is being offered a lot at the bonded warehouse and upcoming cargoes, but due to high price, the demand for buying is not high
Prices are offered at 1450-1480 USD/mt for 51-52 lbs/200 nuts

2. Cashew Kenels Market

The market is quiet, many customers already have inventories, so there is no need to buy for prompt delivery. Some customers asked for forward delivery, but due to the unbalanced price with the roasters and the export price, there were not many confirmed orders. Currently, buyers are waiting to see if the freight is able to cool down or not to calculate the purchase price accordingly. The shortage of ships, the lack of empty containers is still very serious, many factories cannot export goods and have no money to take raw cashew nuts in the port.
  Many factories focus on maintaining machines, upgrading factories for Tet holidays, some factories  are busy to roast cashew nuts for domestic sales prior Tet holidays. Domestic consumption of salt-roasted cashew kernels in testa has increased significantly in recent years.

Source: Vinacas
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OTHERS
CASHEW MARKET REPORT – 2021 REVIEW & 2022 OUTLOOK by Pankaj N. Sampat (19/01/2022)
Pepper industry sees good recovery (14/01/2022)
Pictures of RCN new crop 2022 (07/01/2022)
Pepper export revenue forecast to reach 1 bln USD this year (07/01/2022)
Cashew nut exports likely to exceed US$3.6 billion this year (30/12/2021)
Cashew market report December 2021 (24/12/2021)
Cashew nut exports pick up in 2021 despite COVID-19 challenges (21/12/2021)
Pepper november exports increased slightly (04/12/2021)
Expectations of export purchasing power and the Chinese market push pepper prices up again - 26/11 (27/11/2021)
European wheat prices are at a 14-year highs (13/11/2021)
EU announces frequency of physical inspection with some agricultural products imported into the EU (13/11/2021)
Tanzania Cashew Bidding New Updated - 29.10 (04/11/2021)
Vietnam local pepper prices: Adjust after reaching 90.000 VNĐ/kg (22/10/2021)
Cashew growers unhappy with the crop prices (18/10/2021)
New cashew season has begun in Tanzania (13/10/2021)
Next
19/01/2022
14/01/2022
07/01/2022
07/01/2022
30/12/2021
24/12/2021
21/12/2021
04/12/2021
27/11/2021
13/11/2021
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