PTV CNSL Vietnam Market Review – Radical Vietnam Cashew Nut Shell Liquid News.
Week 14 from 02 April to 08 April 2018
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Although the main cashew crop was coming, but the supply of nut shell was less because kernel producers halted their production in reaction to the low kernel price. Therefore, the shell price slightly increased to 2230 VND / kg.
Cashew Oil price remained unchanged at 7600-7700 VND/kg due to weak demand and CNSL Buyers seemed to wait for further fall in CNSL price. The exporting CNSL price was stable around $440-$450/MT CIF Busan.
In contrast, after a period of continuously decline due to limited nut shell supply, the residue price increased to 1,200 VND / kg.