Raw Cashew Bearish on Continuous Losses in Processing

This entry was posted on Thursday, May 1st, 2014 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Despite the Indian cashew season nearing its end stage, there is no surge in demand for the West African raw cashew. The lack of demand is mainly due to bumper crop in Vietnam. The Vietnamese processors are not buying much from Africa.

Another reason for the situation is decreasing capital in the Indian Market as the industry is under heavy losses from last 3 months.

 

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