Vietnam's cashew nut trade down on raw material price hike
date:Mar 26, 2014
ng the period, accounting for 26, 20 and 9.8 percent of Vietnam's total export revenue of the commodity, said the ministry.

Nguyen Duc Thanh, chairman of Vietnam Cashew Association ( Vinacas), said on Vietnam Industry and Trade Information Center's website on Wednesday that import price for raw cashew stays at over 1,000 U.S. dollars per ton, 150 to 200 U.S. dollars higher than that of 2013.

If Vietnamese companies imported raw materials at that price for export processing, they will suffer fr
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