(ĐN)- In the first quarter of this year, Dong Nai-based enterprises spent nearly US$31.4 million to import more than 14,100 tonnes of raw cashew nuts for processing for export, rising by four times in volume and five-fold in value compared with the same period last year.
(ĐN)- In the first quarter of this year, Dong Nai-based enterprises spent nearly US$31.4 million to import more than 14,100 tonnes of raw cashew nuts for processing for export, rising by four times in volume and five-fold in value compared with the same period last year.
In the domestic market, the price of raw cashew nuts has reached more than VND 50,000 per kilo, while the import price of the raw nut from many countries at approximately VND50,000. However, the quality of raw cashew imported from other countries had been lower in recent time.
The cashew nut production and trading sector is expected to have a good year but difficulties might occur if unseasonable weather adversely affects domestic cashew nut output.
Reported by N.H