Downside Pressure in Indian Cashew Kernel

This entry was posted on Tuesday, December 7th, 2010 and is filed under Uncategorized.

Indian raw cashew resellers are facing cost related problems with their recent imports. Their import cost of quality Tanzanian raw cashew is around Rs83 to Rs85 per kilo. Even if they are ready to sell their imports without adding profits or interest, buyers are not coming near them due to totally unworkable prices. So, some resellers are now clearing their kernel stocks in their domestic market in order to meet their financial commitments.

Filed Under: Uncategorized