Markets Strong on Poor Supply

This entry was posted on Saturday, September 4th, 2010 and is filed under Cashew.

Both raw cashew and cashew kernel markets are facing supply crisis. Present cashew kernel stock position is said to be much lower when compared to last few years. In India, after the Onam holidays processors are facing raw cashew shortage as well as workers attendance problems. Some sellers are trying to postpone their forward commitments to November-December period. Even though the present prices are highly profitable they are hoping for further price rise.

Filed Under: Cashew