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Cambodia Cashew Nut Market and Supply Situations

Pubtime:2017-03-16Author:Source: Hits:

In Cambodia, after shortage in the entire cashew nut industry in the last year, the cashew nut price currently rises 30%. Moreover, the cashew nuts will not be harvested comprehensively in Cambodia by the beginning of next month.

Except output reduction, Cambodia lacked investment in technology and equipment for cashew nut processing, leading to high harvest cost. This is also one of the factors causing price rise.

The president of local cashew association mentioned the price of local raw cashew nuts has risen up to about 8500 riel (approximately $2.12) per kg, while the price in the previous year was 6500riel ($1.6) per kg.