Though the Indian raw cashew market is struggling around Rs70/Kilo, the Government of Goa has come to the rescue of local cashew farmers by announcing a statutory minimum price. The statutory support price in Goa will be Rs90/Kilo ($1.756/Kilo) and this will come in to effect from 1 April, 2012. This news is already causing excitements in Goa and Maharashtra and  may spread sensation in the Indian raw cashew as well as global cashew kernel markets.

Related Posts via Categories

• Wholes Market Waiting for Reports from Tanzania
• India Needs the Entire New-Crop Harvest from Tanzania & Indonesia
• Pieces Market Trying to Cross W320 as Buyers Not Happy with Cheaper Almonds
• Fantastic Festive Demand Drives Raw Cashew Ahead
• Buyers Insist More Than 30% Broken grades in Offers
• All round Improvement in Demand but Bulk Demand is for Broken Grades
• Broken Supply Restarts from Kerala as Onam Festival Ends
• No Impact of Almonds Market on Cashew
• Broken Percentage is Below Average in Processing
• Indian Auspicious Months Start from 9th August