PTV CNSL Vietnam Market Review Week 25/2018– Radical Vietnam Cashew Nut Shell Liquid News

PTV CNSL Vietnam Market Review Week 25/2018– Radical Vietnam Cashew Nut Shell Liquid News.

Week 25 from 18 to 24 June 2018

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Vietnam kernel cashew factories halted their production due to lack of raw cashew nut, especially in Long An and Binh Phuoc province – Vinacas (Vietnam Cashew Association) said on 22/06.

Well demonstrating for such situation, cashew nut shell price quickly increased to 2450 VND/kg with high momentum of uptrend.

The shell residue price kept on pushing up to 1600 vnd/kg, due to the shortage in shell nut supply.

Cashew oil price was recorded at the level of 6800-6900 vnd/kg. However, the transaction was limited.

A very small quantity of Cashew Nut Shell Liquid was recorded at $400 CIF Busan which was not representative price for the CNSL market.

For further information of Vietnam Cashew Kernel market as informed, please check this link: http://vietnamnews.vn/economy/450176/cashew-factories-shut-down-due-to-lack-of-nuts.html#u4Lm8ZIlvhXoeBbF.97

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