Kernel Strong and Raw Cashew Sluggish as Production Falls

This entry was posted on Monday, June 20th, 2016 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Premium W320 under VAT billing is moving around Rs8100/tin/11.340 kilo/inclusive of state VAT and around Rs7750 + CST under the interstate CST billing. Most factories are processing below 60% of their capacity because of huge losses in their production.

Price of Ivorian raw cashew has come down to Rs112 – 116/kilo and Beninese raw cashew has come down to Rs118 – 120/kilo.

Even then prices are unworkable to almost all small and medium scale processors.

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