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  • Splits and Pieces Explode but Wholes Steady

    Apr 7th, 2016

    <p></p><p>There is no bulk availability in any size or grade in the pieces category. Premium Jumbo Half is trading above Rs7000/11.340 kilo/Inclusive of VAT/Goa-Mangalore. Even then there is no bulk buying in the W320 and W450 count wholes. Approaching holiday period in the Hindu wedding season is the real worry of the wholes market. <br></p> <p>Current raw cashew price is totally disastrous on the Indian cashew Industry. The price difference between India and Vietnam is now more than 15%. <br></p> <p>Processing cost is also cheaper in Vietnam. Even if $4.00/Pound/W320 FOB price becomes a reality, it will bring profits to the Vietnamese industry but not to the Indian cashew industry.<br></p><p></p>


    Source: www.worldcashew.com/
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