African Cashew Alliance

Highlights of the cashew sector by Red River Foods

RRFCashewBrochure2008 Red River Foods, the leading U.S. importer of cashews, has prepared a survey of the world cashew situation and has granted us permission to share it with our visitors and readers. The survey offers production estimates; cites U.S. imports; and details shipments from the major producers/exporters: India, Vietnam, and Brazil. It describes the rapid growth of the Vietnamese industry and highlights the efforts of the African Cashew Alliance. You will also find ten-year FOB price trends and a timeline of major industry events in the brochure, both quite helpful.

As Red River has noted, the cashew market can change quickly. In mid-2007 raw in-shell cashews were in global oversupply and prices had been stable for well over a year, with cashews trading in a very narrow price range. Since then the industry has been coping with rising prices, first prompted by some of the newer, inexperienced shippers in Vietnam delaying and then defaulting on shipments. Unfortunately, some Indian shippers followed the Vietnamese example. However, the international cashew markets are cyclical and today’s challenges could become tomorrow’s opportunities!

Download the brochure and learn more about Red River Foods findings:

RRF CashewBrochure 2008 1.42 Mb