Worldcashew.com Crop Report for May-June 2018

This entry was posted on Sunday, April 29th, 2018 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Vietnam’s last crop harvest seems to be totally rain damaged. Filling out-turn may be negligible in the region where the price is only ₹40/kilo. Enterprises may face problems in their June-July export obligations.

Indian harvest may continue till the rainy season but the total loss may be 30-40% in the crop size and another 3-4% in the final filling out-turn.

Even some West African nations are facing the problem of unseasonal rain.

This year, Indian processors will have to import more than 1 million ton raw cashew nuts to fulfil the internal as well as world demand.

Only a big rally in the kernel market can increase the supply, when the demand needs more supply.

 

 

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