W240 Has Become A Scarce Grade

This entry was posted on Sunday, November 18th, 2012 and is filed under Cashew.

If the Brazilian Real continues its fall against the US Dollar, cashew kernel export market may temporarily halt ts upward march. However, the W240 has become a scarce grade and any big rise in this grade will certainly impact the W320, which is always the bulk grade.

Import re-sellers have started selling Tanzanian raw cashew nuts through huge forward commitments but with almost empty hands.

Filed Under: Cashew