Kernel Prices Surge on Non-availability of Higher Grades

This entry was posted on Monday, March 21st, 2011 and is filed under Cashew.
Even if the supply shortage of W320  is not extreme,  non-availability of higher grades in the international market and costly raw material are the causes of current  price rise. Both India and Vietnam are now depending  more and more on smaller African raw cashew nuts because of continuous domestic crop failure. Industry sources  feel that W320 prices will shoot up further as buyers are even more compelled to buy this grade.

Filed Under: Cashew