Archive for the Cashew Category
Premium W320 is Moving Above Rs600+GST/Kilo but Bulk Buyers withdrawing from Broken
Exporters buying rate is around Rs560+GST/Kilo for W320 whereas domestic price is above Rs600+GST/kilo. However, domestic buyers are waiting for the Tanzanian New-Crop. Slowly but steadily, splits and pieces are falling even below this level.
Exporters are the Main Buyers in Wholes; Off-season for Splits, Pieces & Lower Grades
Semi lockdown is hurting the Indian winter demand. Broken and lower grades are also moving towards the usual Q1 off-season mode. However, no down trend in the raw cashew market. Q1, 2022 may not bring cheers to the Indian cashew industry. Cambodian crop-size is unpredictable but the first-crop harvest will begin in February.
Year 2021: the Beginning of End for W320, W240, SW, SSW Like Grading System
Variety flavors like honey flavor, salt flavor, masala flavors and such other new discoveries are winning the competition in the Indian wholes market. Even the retail sale of natural unpeeled wholes is witnessing a sudden rise. Most grades become unnecessary when flavors are added during the processing & packing stage itself. This means, more price […]
Conflicting Views About the Raw Nut Stock Position
Most experts feel that the Vietnam’s raw cashew stock position is highly comfortable. Their calculation is based on the total quantity of the inventory import, the usual yield and the percentage of the finished product export. However, this kind of calculation is not always correct. A portion of their import includes the 2020 harvest which […]
No Bull Movement in Wholes, Current Wedding Season is for Broken Grades
Despite record number of weddings till mid-December, wholes market seems to be waiting for the approaching strong winter. However, winter is not for piece grades. Down trend in almonds is also impacting wholes consumption. Consumer interest is steadily changing to value added retail packs.
Buoyant Trend in Raw Nut
Indian festive season over means more & more buyers will now onwards participate in the Tanzanian raw cashew auctions. Prices are slowly but steadily moving in a positive direction as the climate situation is still not clear in Indonesia. There is at-least five percent increase in the Indian raw cashew market
A Sweet Called Kaju-Katli Sweeps ‘Festive Season – 2021’
When broken grades are not available, the first substitute is W400. When the W400 becomes a scarce grade, ‘Kaju Katli’ manufacturers usually shift to W320. Last moment sale is always in the ‘mix Dry fruit retail packs’. However, the unstoppable demand for ‘Kaju Katli’ may continue till the New-year. .
Raw Cashew Facing Farmers Resistance in Tanzania
‘When the prices are not remunerative farmers will certainly wait for a better time’— This has happened in Tanzania. In India, resellers of imported raw cashew are not finding enough buyers despite severe raw cashew shortage.
Wholes Market Waiting for Reports from Tanzania
Festive demand is now in only broken grades. Despite steady consumption, buyers are asking small quantities in W240 & W320 like grades. Tomorrow on wards, Tanzanian farmers may bring their produce to the auction event. First few auctions are very very important to them as well as for the wholes market.
India Needs the Entire New-Crop Harvest from Tanzania & Indonesia
Raw cashew market in India is already facing supply shortage in the small scale sector. There is a huge need of raw cashew for at least four to five months period, i.e till the arrival of the Indian New-crop. However, where is raw cashew for the Vietnamese industry from December on wards? Mozambique gives preference […]
Pieces Market Trying to Cross W320 as Buyers Not Happy with Cheaper Almonds
Big fall in the almonds market is not a hundred percent reality. Cheaper imports are now facing consumer resistance. Premium Jumbo split, mostly the W180 & W210 split grade has buyers around Rs720 + GST/Kilo/Goa-Mangalore. Premium King Piece, especially bigger than the 4 Piece grade has demand around Rs710 + GST. Best SWP & DP […]
Fantastic Festive Demand Drives Raw Cashew Ahead
Above 20% GDP growth in the latest quarter means the boom will continue even after the Diwali season. Consumption is on peak, production is on peak but where is adequate raw cashew for processing? Price for the 20% filling Beninese raw cashew is above Rs110/kilo in Goa-Mangalore & for the 21% filling IVC origin, the […]
Buyers Insist More Than 30% Broken grades in Offers
Prices steady in wholes but the bulk demand is for broken. Some buyers insist 30% broken in their buying list but non regular buyers ask nearly 50% broken grades. Festive demand in the wholesale wholes market may remain for the next 4 to 5 weeks but the demand for broken may remain till the last […]
All round Improvement in Demand but Bulk Demand is for Broken Grades
Asking rate for premium SWP is Rs600/kilo/inclusive of GST & even the DP is moving around the same rate. Price for W320 is up to Rs740+GST/kilo & for the W240, Rs40 more. Buyers are asking almost each and every grade.
Broken Supply Restarts from Kerala as Onam Festival Ends
Market has started to move towards wait & watch mode in the broken grades, immediately after the conclusion of the Onam holidays. Prices are falling in almonds also. Wholes witnessing a steady trend in higher grades but slowdown is in the lower grade varieties.
No Impact of Almonds Market on Cashew
Price increase is nearly 100% in almonds but bulk demand is only for LWP, SWP, SP, and Jumbo broken grades in cashew kernel. Raw cashew sellers are waiting for the September demand. However, Indian small scale processors are not showing much interest in the raw cashew.