Rush for Raw Cashew

This entry was posted on Monday, January 10th, 2011 and is filed under Cashew.

Indian cashew processors are in a hurry. They have already started raw cashew forward contracts with Benin and Nigerian traders. Shipments will be after three months as this period is only the flowering period in these two West African countries. Forward market for Benin raw cashew is now around $1600/ton and for Kerala new crop is above Rs81/kilo(February).

Filed Under: Cashew