The market remains relatively slow.
Buyers are coming back to inquire,
but mainly for nearby demand and smaller volumes.
WW320 from BRC packers is currently being offered around:
3.10–3.15 usd/lb depending on quality structure.
Meanwhile,
Vietnam’s RCN imports during the first four months of the year continue to rise strongly,
showing that raw material pressure and liquidity stress are still present across the system.
At this stage,
the market is becoming more sensitive to:
inventory turnover speed
quality structure
post-production kernel selling capability
rather than simply focusing on RCN buying prices.
Some current market reference offers:
Vietnam raw: ~1690 usd/mt
Ogbomosso: ~1570 usd/mt
Senegal: ~1750 usd/mt
The market is not in panic mode yet,
but it is clearly entering a phase of:
“more selective buying and tighter risk management.”
RCN bonded stocks,
shipment cargoes,
and NW kernels remain available.
Trade inquiries are welcome.