Firm Trend in W240 may Continue Even After Diwali

This entry was posted on Sunday, August 27th, 2017 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

This year’s crop-size may not be a new record in India but it is about 20% more, compared to last year’s poor harvest.

The increase is said to be above 30% in the western region but there is some fall in the eastern region of Tamil Nadu.

When ever the trees yield a bumper crop, nuts become smaller and smaller in size. That’s why the outturn of W240 is on decrease. 

W240 buyers in the Indian festive market will have to turn towards W320 to fulfill the sudden shortage.

Brazilians are losing interest in cashew and the Tanzanian nuts are usually small. So the shortage may continue till the arrival of Indian new-crop.

 

 

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Filed Under: Cashew, Cashew Market, Cashew News, Cashew Prices