RE: Cashews15 Jan 2021 11:30
Good question Phil! It takes three years total from sowing the seeds to harvesting the fruits off of the tree. In 2015 Ivory Coast has reportedly introduced an export tax of FCFA 30 per kg of raw cashew nuts (RCN) and since 2016 the industries engaged in local processing have been supported by subsidies derived from the funds from this tax, at the rate of FCFA 400 per kg of exported raw cashew kernel (RCK). So hopefully DKL won't have a supply problem and will benefit from processing subsidies.
If it isn't seasonal and begins in June we could have 4000 to 5000t this year. But as with the CPO mill I will believe it when I see it.