Vietnam’s raw cashew imports surge
(VOV) - Vietnam imported more than 795,000 tonnes of raw cashew nuts in the nine months leading up to October, an increase of 11% in quantity against the same period last year and achieving 99.4% of the yearly plan, according to the Vietnam Cashew Association (Vinacas).
Most of the imported raw cashew nuts came from Ivory Coast (297,000 tonnes), Cambodia (102,000 tonnes) and other ASEAN nations.
The sharp increase is attributed to the decline in domestic supply and the delay of many orders from late last year.
Vinacas expects that the weather will enable Ivory Coast, India and Vietnam to harvest their cashew earlier in the 2016 crop.