Archive for the Cashew Category

Lockdown shatters in-shell-raw-cashew market in India

Selling price of 205 counts/kilo/semi-dry raw cashew is only Rs60/kilo in Maharashtra. But the 180 counts/kilo quality has buyers around Rs67/kilo. However, there is still demand for the 130 to 150 counts dry quality with the price range Rs78 to Rs90 per kilo. kernel market is waiting for the hotel and restaurant industry to open, […]

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FY 2019-20 ended with a week long shutdown, FY 2020-21 entered bringing additional two weeks of shutdown with it!

Retail price of the raw cashew is Rs48 to Rs50/kilo in Vietnam & Cambodia. In the hilly regions of Vietnam, the average quality is available for Rs42 to Rs48/kilo! Vietnamese industry is in crisis because of the unreasonable export market. ‘Whatever is the raw cashew price, their kernel is selling below the cost price’! Prices […]

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Lockdown on the commercial activity results in sudden collapse

The complete shutdown of the interstate transport means the partial shutdown of the kernel as well as the raw cashew market. Kernel sent to the transport office is returning back to the factory warehouse. Double bonanza for exporters! Their buying price is only Rs.550+GST/Kilo/W320 as there is no competition from any of the North Indian […]

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‘The show must go on’ even if raw cashew is facing both buyer resistance & seller resistance

Retail price of per kilo undried raw cashew is Rs.80-85 in Vietnam, Rs.85-95 in Cambodia and Rs.90-105 in India. Sellers are not showing interest in selling but they need urgent money to cover their expenses. Buyers are facing cash flow problems but they can not shut down their industry. Raj Kapoor’s unforgettable dialogue from the […]

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Only 5 months for the Olympics!

Border trade of food items is a necessity for both China and Vietnam. Trading activity in cashew kernel will certainly witness a major boom when the Chinese govt lifts Coronavirus related restrictions. Indian consumption is on increase because of the falling price but bulk buyers are placing orders mostly under April payment terms. What will […]

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Uncertainty in Raw Cashew due to Heavy Arrivals from East Africa

Indian industry usually faces inventory shortage during the first two months of the calendar year. However, there is a change in the situation this year as the African 2019 harvest is still arriving/available in bulk quantity. February and March are not busy months but considered as the slack period in the Indian kernel market. Local exporters are supporting […]

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Sluggish Trend in North India, Local Exporters are the Main Buyers

Exporters’ buying rate for W240 is Rs.670+GST/kilo, for W320 Rs.625+GST/kilo, for W390 Rs.600+GST/kilo and for the W450 Rs.550+GST/kilo. North Indian buyers may give 5 to 10 percent more for the most premium quality but they are not showing much interest in bulk offers.

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Only 6 months for the Olympics!

This year, Vietnamese production and exports will resume in full scale soon after their New-Year holidays. They have adequate raw cashew for immediate processing and also have a supply guarantee from Cambodia. Cambodian 1st crop harvest may begin from the first or second week of February, Vietnamese from the Last week of February & the […]

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SAVE SELF-EMPLOYED SHOULD BE THE ‘MANTRA’ FOR THE BUDGET 2020-21 (2)

If 45% of the GDP of a nation is from the production sector i.e from agriculture, industry, mining, construction etc, can it bear the weight of the service sector which is 55% of the GDP? It is certainly possible if that nation gets the required income from foreign assets or through foreign investments. But such […]

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Holiday Mood in Global Markets & Temporary inactive Period According to the Hindu Calendar

It is totally dull period for broken grades whenever the Hindu calendar prohibits auspicious ceremonies. North Indian buyers are showing interest in wholes like W240, W320, W400 & SSW grades. Superior Jumbo Half (Splits of W180 &W210) is trading around Rs.660+GST/kilo/2019Harvest but the price for the same is Rs.580+GST/2018/Harvest. General Jumbo Half is available around […]

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Buyers from Emerging Markets are Responsible for the Bullish Trend

Global level boom has entered the kernel market. Most probably, smaller markets are the real markets whenever the supply fails to catch with the rising demand ! ‘Tokyo Olympics will begin on July 24, 2020’. When new buyers make their entry, the supply side will have no other alternative except to change its direction towards […]

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New Crop W320 up to Rs 710+GST/Kilo, W400 up to Rs 670+GST/Kilo but Buyers are Choosy!

Buyers are not asking Diwali like premium grading but their buying interest is mostly in the saleable quality. W320 is trading around Rs.710+GST/kilo for the 2019 Harvest but those who process old crops may not get even Rs.670+GST. New-crop W400 is available for Rs.660+GST/kilo but if the count is below 390/Lb, the price may even […]

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Is it the Price Competition Between ‘old crop kernel vs new crop kernel’?

Those who have postponed their export contracts to November-December are facing problems in collecting the required quantity of W240, W320 & W450 grades. Small scale processors are rejecting their purchase offers as they are getting below ten percent of the outturn as W320 & only six to seven percent of the outturn as W240. North […]

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Only 8 months for the Olympics!

Kernel market is facing quality-related issues. Tanzanian New-Crop raw cashew is available around $1700/Ton/Mangalore port. North Indian winter demand may pick up after the first week of December, i.e for the Tanzanian New-Crop kernel. Global buyers can select the New-Crop taste by offering a reasonable price or anything in the name of cashew by continuing […]

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Downtrend in Tasteless Broken Grades

Indian food industry needs tasty kernel. When the available raw cashew is mostly old or rain-damaged during the last crop harvest, then the processed broken grades are not suited for the premium sweet items. Wholes market is steady as the content of ‘white & semi-white wholes’ is only 30-40 percent in such raw nuts! White […]

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All Grades are in Demand Except W180 & W210

Exporters are showing interest in W240 & S240 grades but Indian buyers are trying to accumulate all mid-size wholes & broken grades. Raw cashew situation may improve when the Tanzanian New-crop arrives in full scale. As of now, the available raw cashew contains nearly 50% lower grades or around 225 counts per kilo.

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