Soon India may Face Severe Raw Cashew Shortage as Guinea Bissau Sells Entire Stocks to Vietnam

This entry was posted on Thursday, August 9th, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

According to reports, there is now no unsold raw cashew stock pile in Guinea Bissau. ENTIRE HARVEST SOLD OUT!  IT IS A CONTRACT SUPPORTED BY THE AUTHORITIES OF VIETNAM AND THE GOVERNMENT  OF GUINEA BISSAU.

Indian domestic market works out to $5.00/pound. However, the quality determines the price in this market. Who will supply the domestic quality raw cashew to India?

Tanzania is increasing its processing capacity.

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