W320 May Cross $4.00/pound

This entry was posted on Saturday, November 20th, 2010 and is filed under Cashew.

Global cashew kernel market is once again moving in a strong upward direction on the strength of Indian consumption. This year’s Kernel price rise has no impact on Indian consumption . The rise in cashew kernel is around 50% in last 8-10 months. But virtually this is not a big jump. When we take in to account the figures of other packed food products, fact is that the prices of almost all food items have increased by around 200%-300% in last ten years. So, there are chances of further rise in cashew kernel which is showing it’s full strength after a decade.

Filed Under: Cashew