Indian cashew kernel rates are down by Rs50 to Rs100 per tin of 25 pounds due to sluggish US demand. American buyers are interested in only April-May shipments. But most of cashew kernel exporters have already sold their February-March deliveries. So buyers from the side markets are still buying W320 grade around $3.oo per pound.

Related Posts via Categories

• Wholes Under Pressure as Raw Cashew Harvest Beats All Estimates!
• Production, Distribution or Consumption — Result of Lockdown is Slowdown
• Such a damage happens in Raw Cashew once or twice in a decade!
• Kernel Consumption is on Increase but White Raw Cashew Shortage
• Sever Raw Cashew Shortage but Demand is for Broken & Lower Grade Kernels
• Market Neglects Fiscal Year-end!
• Ramadan month will begin from Monday, 12 April
• Demand intact in broken grades, wholes market still optimistic about Tokyo Olympics
• Lockdown shatters in-shell-raw-cashew market in India
• FY 2019-20 ended with a week long shutdown, FY 2020-21 entered bringing additional two weeks of shutdown with it!