Indian Cashew Kernel Dull on Declining Inventory Prices
This entry was posted on Saturday, May 4th, 2013 and is filed under Cashew.
In India, there is no accumulated kernel stock with processors, wholesalers or retailers. Production has also come down because of the wedding and holidays season.
Recent duty hike on imports may become a long term protective measure to the domestic cashew industry.
Even then, the attitude of the North Indian buyers is still – ‘wait and watch’ !
Premium W320 has dropped to Rs 5850/including CST/11.340 kg/ in Goa and Rs 5750/including CST/11.340 kg in Mangalore.
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Filed Under: Cashew