Cashew Market in a State of Confusion

This entry was posted on Saturday, May 22nd, 2010 and is filed under Cashew.

Both buyers and sellers of raw cashew and cashew kernel are in dilemma about the recent market movements and forex trends. Market forces are closely watching the situation and postponing their buying. Because of decrease in raw cashew price and Rupee value against the Dollar, the cost of production of W320 in India which was earlier around $3.25 has now come down to almost $3.00 per pound.

Filed Under: Cashew