FY 2019-20 ended with a week long shutdown, FY 2020-21 entered bringing additional two weeks of shutdown with it!

This entry was posted on Wednesday, April 1st, 2020 and is filed under Cashew.

Retail price of the raw cashew is Rs48 to Rs50/kilo in Vietnam & Cambodia. In the hilly regions of Vietnam, the average quality is available for Rs42 to Rs48/kilo!

Vietnamese industry is in crisis because of the unreasonable export market. ‘Whatever is the raw cashew price, their kernel is selling below the cost price’!

Prices may stabilize from mid-April when the Indian market comes out of the shutdown.

Filed Under: Cashew