1. Vietnam has already processed most of the domestic crop as well as imports entering from neighboring countries.
2. Indian harvest is still continuing in the central and eastern regions but the most important southern region is facing 40% crop loss.
3. Tanzania is hunting for investors in the cashew sector.
4. Indian buyers have a special liking for the Beninese origin nuts.
5. Nigerian raw cashew exporters are totally looking towards India.
6. Ivory Coast has a tilt towards Vietnam. But a Vietnamese buyer, even though supported by a ‘$3.40/Pound/W320 global market’ has to compete with the ‘$4.80/Pound/W320/market’, i.e the Indian domestic market.
7. — Tough time for the Vietnamese cashew industry.

Related Posts via Categories

• Activity Begins After the Holidays
• Very High Demand for Broken Grades due to Food Inflation and Huge Increase in the Packed Food Prices
• Price for W320 is Rs700/kilo/Goa-Mangalore but excluding West African Last Crop
• Bullish Uproar in the Market
• Survival of the Fittest is the Mantra for the Existing Units but New Entrants are Smelling a Great Opportunity!
• No Selling Pressure in Kernel Market
• Strong trend in Wholes, Buyer-Seller Adjustments in Broken
• Where is Raw Cashew for Next 5 Months? Is There a Chance of at least 25% Rise in the Kernel Market?
• Consumption on Increase, Supply not Matching with the Demand
• Market Waiting for the Rainy Season to END.