Slide in Raw Cashew Halts Kernel Upswing

This entry was posted on Tuesday, April 16th, 2013 and is filed under Cashew.

Despite all-round rise in the global consumption, cashew  Kernel has stopped its uptrend in the Indian domestic market. Steep fall in raw cashew may be the main reason. Kernel buyers’ think that the local crop is much better this year, compared to past few years.

Weather may ruin the last crop harvest in Vietnam, and the mid- crop yield  in Ivory Cost and surrounding regions. ‘More buyers but less sellers’ – seems to be the  worldwide kernel situation.

(Next Week – ‘ Olympics vs Indian General Elections’)

Filed Under: Cashew