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

• Sever Raw Cashew Shortage but Demand is for Broken & Lower Grade Kernels
• Market Neglects Fiscal Year-end!
• Ramadan month will begin from Monday, 12 April
• Demand intact in broken grades, wholes market still optimistic about Tokyo Olympics
• Lockdown shatters in-shell-raw-cashew market in India
• FY 2019-20 ended with a week long shutdown, FY 2020-21 entered bringing additional two weeks of shutdown with it!
• Lockdown on the commercial activity results in sudden collapse
• ‘The show must go on’ even if raw cashew is facing both buyer resistance & seller resistance
• Steady demand in India
• Only 5 months for the Olympics!