Shortage pushes cashew prices up.

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frank lee bent
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Re: Shortage pushes cashew prices up.

Post by frank lee bent » Wed Jun 07, 2017 4:30 pm

they are all processed in vietnam and re imported I believe .
that is what growers have told me anyway.
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Re: Shortage pushes cashew prices up.

Post by AE86 » Wed Jun 07, 2017 8:39 pm

Fourkinnel wrote:
Wed Jun 07, 2017 4:06 pm
I've always found it strange that although grown here, have not seen cashews bagged up here at a decent price. I'm sure you could buy at the market but I've not seen any lately. Instead all the mini marts are selling the expensive "Tong Garden" bags from Thailand, with Cambodian (I presume) cashews inside. Why someone not took out the middle man and packaged and sold here and exported too?

The reason why many products are imported here is because Cambodians haven't quite got the consistent supply thing down yet. Cashews are nowhere near consistent quality and quantity levels for companies to establish a business on.

frank lee bent wrote: they are all processed in vietnam and re imported I believe .
that is what growers have told me anyway.


Similar for coffee as even the "Cambodian Arabica" is Vietnamese but repackaged as Mondulkiri Arabica often times. Beans are mostly grown in Vietnam however, not here.
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Re: Shortage pushes cashew prices up.

Post by steevee » Thu Sep 28, 2017 6:42 pm

Stroppy,
Also, processed cashew nuts are available at Psaar Toul Tom Poung for $10 per kilo if you know the right lady to ask, and she likes you.
how can I find this lady?? because I love cashew nuts :popcorn: :popcorn:
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Re: Shortage pushes cashew prices up.

Post by CEOCambodiaNews » Wed Dec 06, 2017 7:07 pm

Cashew nut joint venture to invest USD100 million on processing plant
6 December 2017
- Malaysian owned Camcashew Company and South Korean Naroo Marine Company is to invest $100 million on a processing plant for cashew nuts, a plantation, warehouses and related facilities in Kampong Cham province to export processed cashew nuts to South Korea.

The announcement was made this morning during the signing ceremony of a memorandum of understanding (MoU) between Camcashew Company Limited and Naroo Marine Company Limited.

Syaiful Hazreen Bin HJ. Hasan Nodin, director of Camcahew Company said that through the MoU, Korea will import 10,000 metric tonnes of processed cashew nuts from Cambodia. He added that in the first phase, his company will export about 1,000 tonnes in February.

“It is a one year contract with the Korean company to export processed cashew nuts to Korea and in this first phase we will invest about $30 million on the cashew processing facilities and plantation area. We will expand the investment and production in the following years,” Mr Syaiful Hareen said ...
http://www.khmertimeskh.com/5094328/cas ... ing-plant/
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Re: Shortage pushes cashew prices up.

Post by CEOCambodiaNews » Sun Sep 09, 2018 2:45 am

Big Decline in Cambodian Cashew Production

Cashew sector pared down as farmers change crops
3 September 2018
Cashew nut production in the Kingdom declined by more than 50 per cent in the three years leading up to last year, as farmers followed the market by switching to other crops, figures from the Ministry of Agriculture indicate.

Data from the general directorate of agriculture shows that Cambodia produced 295,791 tonnes of cashew nuts in 2014 with exports reaching 270,696 tonnes.

However, production and exports dropped year by year. Last year, production dropped to 142,773 tonnes with total exports standing at just 73,179 tonnes, a decline of 51.73 per cent and 72.96 per cent respectively compared to the previous three years.

The main markets for the Kingdom’s cashews are in Vietnam, China and India.

The director-general of the general directorate of agriculture at the Ministry of Agriculture Hean Vanhan said on Sunday that the decrease indicated instability in the sector as farmers were switching to others crops as they pursue market demands.
https://www.phnompenhpost.com/business/ ... ange-crops
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Re: Shortage pushes cashew prices up.

Post by that genius » Sun Sep 09, 2018 5:25 am

There is a glut of pepper but prices remain high.

The logic.
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Re: Shortage pushes cashew prices up.

Post by CEOCambodiaNews » Sat Feb 23, 2019 10:51 pm

Cashew nuts see 5% spike in price at harvest season
22 February 2019

Cashew nut prices saw a five per cent drop compared to last year due to more supply than demand at the beginning of the harvest season in Kampong Thom province – the Kingdom’s largest regional producer of the nut – according to provincial authorities.

Kampong Thom provincial Department of Commerce director Srun Heng said prices fluctuated due to increasing yield and quality.

“Supply being greater than demand and the cashew nuts’ quality are the main issues dictating the price,” he said.

Heng said while Cambodia has good cashew nut production potential, there should be a processing factory as it would stabilise prices in the sector.

“We can ensure [good] prices for farmers. We should at least have a processing factory – it’s better than merely selling raw material to brokers,” he said, adding that despite many companies studying investment potential in the Kingdom’s cashew nut sector, no ventures have materialised.

Cashew nut prices currently start at 5,000 riel ($1.26) per kg compared to 6,000 to 7,000 riel last year, according to Heng.
https://www.phnompenhpost.com/business/ ... est-season
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Re: Shortage pushes cashew prices up.

Post by CEOCambodiaNews » Tue May 21, 2019 3:28 am

Story of Change: Cashew nut
Bin Savoeurn March 28, 2019
Improvement of Indigenous Communities’ Income Makes Their Better Livelihoods

Ratanakiri province is in the northeast of Cambodia with the rich soil which is potential for the cashew tree crops to be grown widely by the indigenous peoples in warm and humid climatic regions. However, they also live to depend on selling cashew nuts for their livelihoods. But they have not much been aware of technical knowledge of cashew nuts yet and they mostly grow local cashew trees with no technical knowledge of cashew trees. They, therefore, get low yields of cashew nut products.
​​ Seeing that the indigenous communities are in the requirements of the technical knowledge of cashew trees, ICCO donor in partnership with NTFPs has launched Land and Economic Security for Indigenous Peoples (LESIP) project in 30 villages, 7 communes, two districts (Ochum &Veurnsai) of Ratanakiri province to implement its activities by providing training workshops on technical knowledge of cashew nut production to the indigenous peoples so that they receive the high yield of cashew nut products.
http://www.ntfp-cambodia.org/story-of-c ... ashew-nut/
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