Raw cashew prices are falling in India and Vietnam. Cash crunch, unworkable situation and decreasing quality are the reasons for the collapse. The price of white raw cashew is ₹135/kilo but the color-dim quality 1s available around ₹125/kilo in India.
Price of slight rain damaged quality is around ₹90/kilo in Vietnam but there is no bulk availability. Highly rain damaged nuts are available around ₹40-60/ kilo but the cutting out-turn is said to be only 25-26% and the moisture percentage is unpredictable.
Vietnamese industry may face difficulties in their June-July export commitments because of the inventory shortage. Their season has started with high predictions but the end is a disappointment.
Indian exporters may get much better prices during the Ramadan consumption period.