Indian Exporters may Face Trouble in Their Forward Commitments

This entry was posted on Tuesday, November 3rd, 2015 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Tanzanian raw cashew is trading around $1625/Ton/Count 200 per kilo/Goa-Mangalore. Sellers are asking $100 more for 185 count nuts.

Despite there is no shortage of raw cashew in India, most processors have emptied their better quality nuts during the Ramadan and Diwali season.

Indian exporters may face trouble in their forward commitments as the production level yield of W320, W240 and other higher grades is now almost negligible.

Situation may slightly improve after the arrival of Tanzanian and Indonesian raw nuts.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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