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.

Related Posts via Categories

• Activity Begins After the Holidays
• Very High Demand for Broken Grades due to Food Inflation and Huge Increase in the Packed Food Prices
• Price for W320 is Rs700/kilo/Goa-Mangalore but excluding West African Last Crop
• Bullish Uproar in the Market
• Survival of the Fittest is the Mantra for the Existing Units but New Entrants are Smelling a Great Opportunity!
• No Selling Pressure in Kernel Market
• Strong trend in Wholes, Buyer-Seller Adjustments in Broken
• Where is Raw Cashew for Next 5 Months? Is There a Chance of at least 25% Rise in the Kernel Market?
• Consumption on Increase, Supply not Matching with the Demand
• Market Waiting for the Rainy Season to END.