Dong Nai: The soaring price season

According to some growers it in two districts: Thong Nhat, Trang Bom, which growers are now starting to enter it early harvest, the price of which is at a high level over the same period last year, is trading at 46-50 thousand / kg fresh, up about 16-18 thousand over the same period.

But it increases the productivity rates declined sharply, the current per hectare which was estimated to yield 1.5 - 2,5ta / hectare, down from 60-80% over the same period.

Causes that decrease productivity in the recent past due, when it is in the period of flowering, fruit set, having unseasonal rains make the pests to thrive, leading to it from drying cotton, fruit fall do reduced productivity. Main yield reduction was made scarce supplies push prices higher things.

According to the Vietnam Cashew Association, expected in 2017, the country exported 360 000 tonnes will be individual, with a turnover of $ 3 billion, an increase of about 3.4 in volume and 5.6% in value over the same sign. And to achieve that goal, branch of Vietnam has to import about 1.3 tons of crude.

Source: Dong Nai Newspaper