Mintec to launch Ivory Coast cashew Mintec Benchmark Prices

All Market Notes 17 May 2023

Following a period of market feedback, Mintec has decided to launch weekly Mintec Benchmark Prices for Ivory Coast cashews, WW320 grade. The publication of the new assessment will start from Wednesday 31st May, 2023. 

 The specification for the assessment will be as below: 

The assessment will reflect the transactable value at 16:00 London time. 

The Ivory Coast is increasing in importance as a cashew supplier, with higher volumes of raw cashew nuts being processed within the country and exported as kernels, rather than being shipped and processed in hubs such as Vietnam. The assessment will provide increased transparency and an independent benchmark for this growing exporter. Additionally, the assessment will allow for Mintec customers to better understand the price relationship between the benchmark WW320 grade, between the Ivory Coast and other major exporting regions. 

Please send any questions or comments about this market note to Methodology@mintecglobal.com, and clearly state which market note your comments relate to, and if comments are intended for publication by Mintec. 

Mintec will acknowledge receipt of all comments by email.