Archive for the Cashew Category

Only 6 months for the Olympics!

This year, Vietnamese production and exports will resume in full scale soon after their New-Year holidays. They have adequate raw cashew for immediate processing and also have a supply guarantee from Cambodia. Cambodian 1st crop harvest may begin from the first or second week of February, Vietnamese from the Last week of February & the […]

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SAVE SELF-EMPLOYED SHOULD BE THE ‘MANTRA’ FOR THE BUDGET 2020-21 (2)

If 45% of the GDP of a nation is from the production sector i.e from agriculture, industry, mining, construction etc, can it bear the weight of the service sector which is 55% of the GDP? It is certainly possible if that nation gets the required income from foreign assets or through foreign investments. But such […]

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Holiday Mood in Global Markets & Temporary inactive Period According to the Hindu Calendar

It is totally dull period for broken grades whenever the Hindu calendar prohibits auspicious ceremonies. North Indian buyers are showing interest in wholes like W240, W320, W400 & SSW grades. Superior Jumbo Half (Splits of W180 &W210) is trading around Rs.660+GST/kilo/2019Harvest but the price for the same is Rs.580+GST/2018/Harvest. General Jumbo Half is available around […]

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Buyers from Emerging Markets are Responsible for the Bullish Trend

Global level boom has entered the kernel market. Most probably, smaller markets are the real markets whenever the supply fails to catch with the rising demand ! ‘Tokyo Olympics will begin on July 24, 2020’. When new buyers make their entry, the supply side will have no other alternative except to change its direction towards […]

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New Crop W320 up to Rs 710+GST/Kilo, W400 up to Rs 670+GST/Kilo but Buyers are Choosy!

Buyers are not asking Diwali like premium grading but their buying interest is mostly in the saleable quality. W320 is trading around Rs.710+GST/kilo for the 2019 Harvest but those who process old crops may not get even Rs.670+GST. New-crop W400 is available for Rs.660+GST/kilo but if the count is below 390/Lb, the price may even […]

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Is it the Price Competition Between ‘old crop kernel vs new crop kernel’?

Those who have postponed their export contracts to November-December are facing problems in collecting the required quantity of W240, W320 & W450 grades. Small scale processors are rejecting their purchase offers as they are getting below ten percent of the outturn as W320 & only six to seven percent of the outturn as W240. North […]

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Only 8 months for the Olympics!

Kernel market is facing quality-related issues. Tanzanian New-Crop raw cashew is available around $1700/Ton/Mangalore port. North Indian winter demand may pick up after the first week of December, i.e for the Tanzanian New-Crop kernel. Global buyers can select the New-Crop taste by offering a reasonable price or anything in the name of cashew by continuing […]

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Downtrend in Tasteless Broken Grades

Indian food industry needs tasty kernel. When the available raw cashew is mostly old or rain-damaged during the last crop harvest, then the processed broken grades are not suited for the premium sweet items. Wholes market is steady as the content of ‘white & semi-white wholes’ is only 30-40 percent in such raw nuts! White […]

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All Grades are in Demand Except W180 & W210

Exporters are showing interest in W240 & S240 grades but Indian buyers are trying to accumulate all mid-size wholes & broken grades. Raw cashew situation may improve when the Tanzanian New-crop arrives in full scale. As of now, the available raw cashew contains nearly 50% lower grades or around 225 counts per kilo.

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W400 around Rs680+GST, W320 around Rs720+GST W240 around Rs800+GST.

No need for Diwali like premium grading! Quality should be according to the region-wise demand. Available raw cashew in the Goa-Mangalore belt is mostly West African last crop or weather damaged during the sea transit. —— So taste matters.

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Impact of Changes in the Import Duty: Hoarders Rush is in Broken & Lower Grades

Import of BB, SWP, LWP, etc costs more than Rs1000/kilo! long-awaited Season has arrived for broken & lower grades. Import has become almost impossible. Buyers are asking long term supply contracts in W400, SSW, Jumbo Splits, Jumbo pieces LWP & SWP. Anything can happen in the market when more & more buyers try to seize the […]

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World is Waiting for the Taste of the Tanzanian New-Crop

According to press reports, Tanzania has already exported 213000 tonnes from their ‘harvest 2018 raw cashew stockpile’ and they are looking for buyers for the remaining 4000 tonnes. This news will certainly boost confidence in the market. Always seller is the winner when more and more players from the buyers’ side start decisive bidding in […]

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Kernel Improves, Raw Cashew Buyers in Confusion

The Current demand for the usual good quality W320 is around Rs720+GST/Kilo/Goa-Mangalore. Buyers are not asking the ‘Diwali like premium grading‘ but they are selecting tasty nuts. Big Jumbo half (W180 & W210 splits) is moving up to Rs725+GST/Kilo and usual Jumbo half has buyers around Rs700+GST/Kilo. Price for the superior Jumbo Piece is 680+GST/Kilo […]

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Diwali expenses on firecrackers may be down by 30% but spending increased in food & other items

India’s greatest festive season is over setting a buoyant mood in the domestic cashew industry. Spending on firecrackers down means other items in the Diwali festive budget got some extra allocations. One of the best taste is entering the market, most probably from tomorrow! from Tanzania!

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W320 falls to Rs700+GST/kilo/immediate but up to Rs720+GST/kilo/November 2nd week

Holiday mood may continue till the month-end but the great winter demand for cashew is on its way. cashew is both the food and the medicine for the cold weather. Nowadays, winter is said to be the second-highest consumption period in India. Most probably, the Ramadan consumption has slipped to third place after the demonetization. […]

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Holiday mood halts both demand & supply

Many factories have announced 10 days of Diwali holidays, starting from Monday, 21st October. But processors who supply branded kernel are giving only one week’s holiday, starting from Wednesday or Thursday. Sellers asking rate for the 30% cutting outturn white raw cashew is Rs 138+GST/kilo/Factory dry/Size below 180 counts.

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