The New crop 2021 of cashew in Vietnam is coming very soon, the farmers are going to harvest and collect the raw cashew in our Farms. The fist shipment of new crop estimated to leave our factory in 3 weeks of March.
Currently, it can be said that New crop 2021 is very good with huge output in all farms in Vietnam. With total of 2000has, Fomexco JSC estimated to gather about 6,000MT of raw Organic cashew equal to about 1,400 MT of Organic Cashew kernel for exporting in 2021.
As per the theory of business, some clients are looking for the price will be dropped due to the huge output. However, for controlling the organic farm, production for the organic cashew kernel has become more and more tight, we have to respect and control the quality of production very hard. That is why until now the price of Organic cashew kernel is stable and there is no signal for reduction recently.
Regarding the Freight cost, it has a little but reduced from 4,300USD/20ft to 3,800USD/20ft container from Vietnam to some main ports in EU. And we do hope it can be dropped more to save the international business.
Please consider and let us know your idea, and we are ready for the shipment of new crop 2021 to sign and deliver
Should you need any further information, please let us know
Factory 1: Village 4, Minh Hung Commune, Bu Dang District, Binh Phuoc Province, Viet Nam
Factory 2: Village Phuoc Tan, Binh Tan Commune, Phu Rieng District, Binh Phuoc Province, Viet Nam
Source: Fomexco JSC