VIETNAM: Cashew crisis as world price slump hits Vietnam
Vietnamese cashew processors are paying the price for ignoring warnings about price slumps issued earlier this year. They continued to pay too generously for the unshelled nuts they process and are already feeling the pain as market prices continue to slump. Processors have been paying over VNÐ8,800 (US$0.58) per kilo of unshelled nuts, while experts say Ð8,000 is as high as they can pay if they still hope to break even.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 16 years of archives.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Have food promotions reached tipping point?
- Mondelez goes beyond certified cocoa - analysis
- ABF on Brexit, M&A and grocery - interview
- Nestle unveils process to cut sugar by 40%
- Japan's Nagatanien buys Chaucer Food Group
- Unilever focuses on "value" of spreads arm
- B&G acquires pasta sauce group Victoria Fine Foods
- General Mills jobs to go in business revamp