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  • Raw Cashew Still Overpriced

    Mar 12th, 2014

    <p>Beninese raw cashew is now trading around $1150-$1175/Ton/ Out-turn 48 pounds. In the Indian markets, non dried raw cashew from Kerala is hovering around Rs76-Rs80/kilo. Even if there is 10% rise in the FOB kernel market in April, processors will not gain more than 2%. If the Rupee continues to be stronger, the 10% rise in kernel will still result in losses. Therefore both buyers and sellers have to co-operate for a sustainable market.<br></p>


    Source: http://www.worldcashew.com/2014/03/raw-cashew-still-overpriced.html
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