01 OCT 2020 The first half of 2020 was Annus Horribilis. Pandemic of an intensity not seen before in our lifetime made us scamper into our hole (home) for safety. The Cashew industry went through an upheaval not seen in a long time. In less than a month, RCN prices came down about 30% (fortunately, … More CASHEW MARKET REPORT – 01 OCT 2020
01 JULY 2020 In the Cashew Market – 2020 Outlook report at the beginning of the year, we spoke about the “Googly” (cf. cricket) thrown at the Cashew market in 2019 by Tanzania (holding back the 2018 crop). Now, half way through 2020, talk of the town is the “Chinaman” (again cf. cricket) thrown at … More CASHEW MARKET REPORT – 01 JUL 2020
To begin with, best wishes to you and yours for a happy, healthy, successful 2020 !! Every other year, the Cashew market throws a googly (or curve ball) – 2019 was not different.
05 NOV 2018 Cashew prices have come down significantly since the beginning of this year – decline of about 30% from range of US$ 4.75-5.00 FOB in Jan/Feb 2018 to a low of US$ 3.20-3.40 FOB from Vietnam in Sep 2018. At the low end of the range, prices from Africa and India were about … More CASHEW MARKET REPORT – 05 NOV 2018
The BIG news in the Indian Cashew Market is the 9.55% Duty on Import of RCN into India. Although this may not have any significant impact on the cashew kernel market, it will make things difficult for Indian shellers who are already burdened with high processing costs and lower RCN availability. Impact will be more … More Cashew Market Report – 13 Mar 2016
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