Price Difference Between Indian & Global Market Narrows for Broken Grades

This entry was posted on Thursday, January 11th, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Chinese and Middle-East buyers are competing for the Vietnamese and African broken grade kernels. Vietnam’s domestic consumption is also on increase. Difference between the Indian and the international price is now surprisingly same for each broken grade, considering all the export benefits. 

Very small quantity of premium W320 is trading around ₹800+GST/kilo in Goa-Mangalore. Buyers are not interested in bulk quantity or under immediate payment terms. 

Buying interest in the 24% filling out-turn Tanzanian origin  raw cashew has come down to ₹157/kilo+TAX but sellers asking price is above ₹160/kilo+TAX.

 

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