Who is Responsible for the Ruin of Cashew Industry?

This entry was posted on Thursday, August 2nd, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.
  1. Over investment in the manufacturing sector is always bad. It results in abnormal rise in the raw material price and a crash in the finished product. Both India and Vietnam are facing the problem of over investment, over production and over supply.
  2. Worst time for the cashew industry is usually January-end to March-end. Sometimes the slow consumption period continuous till mid April. Instead of cutting production, Vietnamese enterprises increased their exports during this period. 
  3. Some West African traders shipped undried raw nuts.
  4. Some new buyers are not aware of the ‘kernel quality wise price’. They always try to bring the prices down, with out caring for the quality. How ever, they will only get the quality which is equal to their price. If the Indian domestic market works out to $5/Pound/W320, the quality matches the price.  

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