The Vietnam Cashew Shell Liquid (CNSL) was stable in comparison with the previous week, thanks to the increasing CNSL demand and stable nut shell supply. The CNSL export price was recorded at $460 CIF Busan.
The cashew nut shell supply was stable because it was just the start in Cashew nut harvesting season. It was expected for a better Vietnam cashew crop than last year thanks to the good weather. Cashew Kernel factories were still waiting for the raw cashew nut cooling down to collect while the kernel price actually had been decreased.
The residue was at 1480 vnd/kg and kept decreasing.