According to the latest data, cashew husk prices have continued to rise, significantly higher than last year’s average level. This year’s price chart shows a trend similar to last year, but the average price is higher, putting great pressure on businesses using cashew husk as boiler fuel.
1️⃣ Causes of High Cashew Husk Prices
Reduced supply: Export cashew nut output has declined due to unstable global demand, leading to an impact on the supply of by-products such as cashew husk as well.
Increased demand: Cashew husk is widely used in industries such as biomass fuel, causing demand to grow increasingly high.
Higher transport and production costs: Rising fuel prices and logistics costs have also contributed to pushing cashew husk prices to record levels.
2️⃣ Cashew Kernels Facing a Lack of Market Outlet
Although cashew husk prices are rising, cashew kernels – the main product from cashew nuts – are facing difficulties in finding market outlets. This creates an imbalance between profits from by-products and the main product, putting pressure on cashew processing factories.
1️⃣ Rising Operating Costs
With current cashew husk prices , businesses using cashew husk as boiler fuel will have to face significantly increased operating costs. This particularly affects large-scale factories that consume large amounts of biomass fuel each month.
2️⃣ Pressure to Convert to Other Fuel Sources
When cashew shell residue prices exceed a reasonable threshold, many businesses will have to consider switching to other biomass fuels such as wood pellets, or even returning to fossil fuels like coal. However, this may run counter to sustainable development and environmental protection goals.
1️⃣ Seek Alternative Fuel Sources
Wood pellets: This is a popular choice thanks to high calorific value (4,000 – 4,500 Kcal/kg), low ash content, and environmental friendliness.
2️⃣ Negotiate Long-Term Contracts
To avoid price fluctuations, businesses should sign long-term contracts with cashew shell residue suppliers, ensuring a stable supply at a reasonable price.
3️⃣ Invest in Fuel-Saving Technology
Upgrade boiler systems to increase combustion efficiency, reduce fuel consumption, and optimize operating costs.
📞 Contact Us Now for Detailed Consultation
If you are looking for high-quality biomass fuel solutions to replace cashew shell residue, contact Phong Thai Thuan now – a pioneering company in the field of biomass fuel supply in Vietnam.
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Transparent Origin: Raw materials are strictly controlled, ensuring sustainability.
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