According
to Import & Export Bureau of Vietnam Ministry of Industry and Trade, the
export price of Vietnamese cashew nuts is low in the first twenty days of June
2020.
Data
of Customs Bureau shows the Vietnamese cashew nuts export in May 2020 reached
42,800t with export value of USD 263million, respectively lowering 3.7% and
9.6% on Quarter-on-Quarter basis; the export volume is increasing 3.6% while
export value is lowering 13.3% on year-on-year basis. Generally, in the first
five months of 2020, the cashew nut export volume reached 182,800t and export
value reached USD1.23billion, increasing 16.9% and 1.3% respectively year on
year.
Under
the background of complicated COVID-19 epidemic conditions, the cashew nut
demand may soar urgently by prediction. According to prediction of industrial
experts, the selling price of cashew nuts may rise, and generate active
influence on cashew nut export industry in Vietnam.