My company has a valid contract to supply a Vietnamese company with 500 metric tons of raw cashew nuts per month starting from February,2011.Below are the terms of the contract:

Payment by 98% confirmed irrevocable LC at sight and 2% after inspection at buyer's port.
Price is US$670 per MT C&F Ho Chi Minh City Port.
Shipment must be done by middle of February,2011

At the price of US$670/MT,the exporter stands to make not less than $130 per MT and it is a monthly supply contract.
The season of cashew nuts just started this January and Nigeria produces about 60,000MT of cashew nuts per annum.
The current price in the local market is not more than N70,000 per ton which is $466 at the exchange rate of N150 per $1.
Then,the cost of freight using Zim Line is $556 per 20ft container which will contain about 17MT of cashew nuts.So,the cost of freight per ton is approximately $33.
The cost of transport to Apapa Wharf is N130,000 per truck which will carry two 20ft containers each.The cost of transport per ton will be N3825 which is $25.5.

Total cost of export:

Cost of cashew nuts per ton = US$466
Cost of freight per ton = US$33
Cost of transportation per ton = US25.5
Cost of documentation/miscellaneous per ton = $10
Total = 466+33+25.5+10
= US$534.5/MT
Total cost of export for the 500MT = US$534.5 X 500 = US$267,250 or N40,087,500.00

Note: The price of the nuts per ton could be lower than N70,000 because this the beginning of the season and prices are generally lower now and rises from March when the nuts will begin to go out of season.

So,the expected profit per ton = US$670-US$534.5
= US$135.5

Total profit = US$135.5 X 500
= US$67,750 or N10,162,500.00

This is per month till the nuts go out of season finally by July.Once the exporter is able to satisfy the buyer,the contract will start off again next year.It goes on like that in cycles.
The buyer is a Vietnamese cashew processing factory that can process not less than 1000MT per month.

The reason why I want to sell this contract is that my company does not have the funds to run it right now and the buyers are ready to place their LC latest next week.
I will provide the needed support to make sure it is successfully executed.

Anybody who is interested should contact me via nanichient@gmail.com or call 07095157185
Please only serious and financially capable persons should contact me.

See: http://exportfromnigeria.proboards.com/

can you send quotation and certificate of quality for large quantity of Peanut and Sesame nut to bigfatcafe@hotmail.com(destination)china

Cashew market is really good and anybody who really know were to find it can make good money from it

Am willing to take this offer. We are dealing with importing of raw cashew nuts and exporting of cashew kernels. Kindly give a call on my mobile for more details ..00919400951000

Sundried raw cashew nut is highly available in our store serious buyer can call me. 08035144473 or adebagboabass@yahoo.com. Thanks in anticipation.

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Adebagbo Trading Store(ATS) is the name of our store,we source for raw cashew nut directly from famers, we are in the busines for the past ten years we located at ojanla roundabout Iseyin Oyo state.we presently have 30m/t of the raw cashew nut knw in our store.serious buyer can call me on:08035144473 or mail me :adebagboabass@yahoo.com

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Good morning.
I would like to know the current value of cashew nuts per ton and what the cost would be to export (via 40ft container) to the USA considering I am looking at investing in this business with a view to using the proceeds (forex) to source for raw material from overseas.
I will also appreciate the link to direct sellers please.
Thank you.