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  • Binh Phuoc: Information and assessment of the price of raw and kernel cashew nut 03/05/2023

    Mar 5th, 2023

    Attending were Deputy Director of Department of Agriculture and Rural Development Tran Van Phuong, Vice Chairman of Binh Phuoc Cashew Association; leaders of Binh Phuoc Cashew Association, Phuoc Long town and more than 50 business representatives, guests inside and outside the province. General information about the family's name and family's income and beauty Representatives of small and medium cashew businesses in the province and leaders of the Department of Agriculture and Rural Development, Phuoc Long town attended the conference At the conference, the delegates were informed by the Chairman of Binh Phuoc Cashew Association Vu Thai Son about the export situation of Vietnam's cashew kernels from 2019 to 2022. Accordingly, the transitional reserve from 2021 is high, buyers in Vietnam rarely participate in trading. The slow new season has affected the quantity and quality. Cashew kernel exports to the US and Europe decreased in the second half of 2022, the supply increased unstable. At the same time, there is no equality between the gross and the kernel; increased production costs, high inflation, increased bank interest rates, low purchasing prices of cashew kernels, while global raw cashew production is increasing… Cashew kernel exports in Vietnam in 2022 reached more than 519,000 tons, down 14 ,81% compared to 2021; average price is US$5,809/kg; value decreased by 19.57%. As one of the enterprises specializing in the deep processing of cashew nuts for export, Mr. Nguyen Hoang Dat, Director of Vinahe Co., Ltd. shared: “Through the conference, businesses will shape and make decisions for the service. What price will the next raw season buy to make the business profitable; identify export kernels to have appropriate problems and formulas; together connect, share information, experience as well as prices to develop the export of cashew kernels with higher quality, meeting quality and food safety criteria." General information about the family's name and family's income and beauty General information about the family's name and family's income and beauty Representatives of small and medium-sized cashew businesses asked the chairperson to clarify information related to the prospect of raw cashew prices and cashew kernels. Mr. Vu Thai Son, Chairman of Binh Phuoc Cashew Association, Chairman of the Board of Directors, General Director of Long Son Group said: Through this conference, small and medium-sized factories can access a huge amount of information. of the cashew and cashew nut industry in the world, helping cashew growers and businesses get information, to make decisions about when to buy raw, when to sell kernels, and how to produce. Mr. Tran Van Phuong, Deputy Director of Binh Phuoc Department of Agriculture and Rural Development shared: “Binh Phuoc is moving towards sustainable cashew production, organic production, high technology application in the production process as well as preliminary processing. processing and processing to ensure export conditions. Enterprises in addition to exporting cashew business, in the long run, must also pay attention to the domestic raw material area, especially in Binh Phuoc. Enterprises must work with people and cashew growers to link up, create cashew areas, produce organic and quality cashews, both increasing productivity and ensuring quality. Binh Phuoc currently has about 150,000 hectares of cashew, the planting area accounts for 50% of the cashew growing area nationwide, many companies have been granted geographical certificates of cashew nuts, the output reaches about 170 thousand tons of nuts/year. However, the output of Binh Phuoc cashew nuts only meets 25% of the production needs of domestic enterprises. At the conference, the owners of small and medium-sized cashew businesses in Binh Phuoc were also informed about the need to minimize the use of chemicals, prevent and eliminate insects in factories, etc. to comply with safety standards. food hygiene in Europe and America. Pham Quang - Quoc Viet Source: Binh Phuoc Newspaper


    Source: https://www.vinacas.com.vn/
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