Prices Reduced as Market Enters Wait & Watch Mode

This entry was posted on Thursday, November 2nd, 2017 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Premium W320 is trading around  8000+GST/10 kilo tin/Goa-Mangalore. Exporters buying rate is only 7600+GST/without packing/ for the same quantity.

There is no piled up kernel stock in India but the export f.o.b price for W320 is only $5.00/Pound/small & midsize contracts.

Vietnam’s aggressive production is said to be the main reason but they may face raw cashew shortage from December onwards.

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