PTV CNSL Vietnam Market Review Week 22/2018– Radical Vietnam Cashew Nut Shell Liquid News.
Week 22 from 28 May to 03 June 2018
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The cashew kernel market calmed down and more inquiries were made at suitable price. Because of the fact that the kernel stock was still available with big quantity, the kernel factories have not yet produced the new kernels. Therefore, the nut shell supply was still at low level. Shell price firmly kept at VND 2450/kg.
Shell residue price had a light increase to VND 1150/kg, supported by the more demand from the previous week.
Although the demand for exporting cashew nut shell liquid (CNSL) has decreased, the cashew oil price still stable at VND 7700 /kg thanks to the domestic oil collecting for stocking.
The export CNSL price was recorded at $450 – $455/MT CIF Busan, however the transaction volume was low.