Raw Cashew Global Market will Collapse If Vietnam Rejects Hoarders who Create Artificial Scarcity

This entry was posted on Tuesday, April 17th, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Retail price of rain damaged raw cashew is around ₹90 in Vietnam whereas the nut which loses 10% in weight when focused to 3 days sunshine is trading above ₹130 in Kerala. 

Strategy of the Vietnamese industry is to increase global consumption. This year, they may stop purchases from big holders especially from speculators who rule the African raw cashew trade. 

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