PTV CNSL Vietnam Market Review Week 26/2018– Radical Vietnam Cashew Nut Shell Liquid News.
Week 26 from 25 June to 01 July 2018
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Scarce supply kicked the shell price quickly up to 2680 VND/kg.
Residue still increased but with lower speed to 1700 VND /kg.
As the result of limitation on shell input, combined with higher local demand for furnace and further supported by high price of crude oil, cashew oil easily rocketed to 7200 VND /kg.
Vietnam Cashew Shell Liquid (CNSL) Export price was recorded at $425 CIF Busan