Steady Beginning

This entry was posted on Saturday, January 8th, 2011 and is filed under Cashew.

First week of the new year is almost steady for the cashew kernel market. American buyers are quiet but side markets are said to be active. Due to crop shortage in India, Vietnam and Brazil and heavy rain damages in Indonesia; kernel quality is said to be not as good as last years’ quality. Buyers are also cautious about faulty grading because of their forward commitments, which are much lower in the present kernel situation. So, those who give slightly better quality will get much higher prices.

Filed Under: Cashew