Profit Booking is Due to Timely Arrival of New Crop

This entry was posted on Friday, January 24th, 2014 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Indian processors are not interested in any kind of temporary rise in kernel prices as domestic harvest looks very bright in the most important Western Coastal region.

Situation seems to be same in Vietnam, Nigeria, Benin, Ghana and Ivory Coast.

Market expects a good harvest in February and March.

Premium grading W320 is trading around Rs6000/11.340 kg and Jumbo Half around Rs5300/11.340 kg.

But Goa based processors have local retail sales at much higher prices. 

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