Sharp Decline in Cashew Kernels

This entry was posted on Saturday, August 7th, 2010 and is filed under Cashew.

Global cashew kernel prices have become unpredictable because of large scale festival purchases made in last few weeks. Gulf nations and side markets have heavily purchased for the upcoming festival and have now withdrawn from the market. American and European prices are less when compared to the side markets. But now processors are left with only American and European buyers. Lack of demand and abundant supply has caused sharp fall in cashew kernel prices.

Filed Under: Cashew