CASHEW MARKET OUTLOOK – 01 JAN 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.
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.
Some portion of the 2018 Tanzania crop is being processed locally but a very large portion which should have been processed in India & Vietnam between Nov 2018 & Mar 2019 is still lying in Tanzania. This stock of approx. 225,000MT is like a Damocles sword on the cashew market. Until it falls, everyone in … More CASHEW – INVENTORIES + TANZANIA + PROSPECTS – 27 JUL 2019
01 APR 2019 In the first quarter of 2019, Cashew market has moved sideways in a narrow range with a soft undertone reflecting comfortable supply situation. Opening the year around 3.60-3.80 FOB, Vietnam W320 drifted to a low of 3.25-3.35 FOB by end Jan/early Feb, moved up to 3.50-3.70 in mid Feb and eased again … More CASHEW MARKET REPORT – 01 APR 2019
01 JAN 2019 To begin with, my best wishes to you (and yours) for a fulfilling and peaceful 2019 – the eternal optimist in me believes that the best is yet to come !! As we start the New Year, here is a recap of what happened in the Cashew market in 2018… and a … More CASHEW MARKET REPORT – 2018 REVIEW & 2019 OUTLOOK – 01 JAN 2019
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