Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cashew  :  Cashew Nut Rates Up 20%

06-Jun2011

Cashew Nut Rates Up 20%

Cashew nut rates in the Palasa Kasibugga current market have raised by over 20 % for the duration of this period as opposed to the past season.

That is mainly because of deficiency in natural product from both local and global markets. Cashew nuts are usually obtainable from April till June 15 in local market and for the duration of March and April in the worldwide market place.

Past period, we bought nuts at 3,800-4,200 each 80 kg bag, while this year cashew producing operators are spending Rs 4,600-6,000 each bag, said Rao, leader of the Palasa Cashew Producers Association.

He explained output decreased by a lot more than 30 % in some areas of AP because of poor climate. The normal nut output past period was 2.5 lots each hectare, that has dropped to 1.5 lots in many areas of the state.

Related News

View all news

Cashew kernel exports fell by 25% in April-September period

The exports of cashew kernel right from the beginning of the current fiscal has been showing a declining trend on account of high price of raw nuts. Cashew exports fell by 25% to 36,895 tonnes valued at......

India's Cashew export falls during April -July 2016

India's Cashew export falls sharply in April -July 2016 by 24% in volume and 14% in value from that of the corresponding period last fiscal.During the period, total shipments fell to 24,833 tons valued......

Cashew Nut Rates Up 20%

Cashew nut rates in the Palasa Kasibugga current market have raised by over 20 % for the duration of......

Top News

View all news

RBI's swap arrangement a 'sound move': Subhash Chandra Garg

Welcoming the Central Bank's rupee-dollar swap auction, the Finance Ministry has said that liquidity situation of the economy is comfortable and it will be boosted further by Rs 35,000 crore through the......

KPTL, Infibeam Avenues and Amarjothi Spinning Mills to see some action today

Kalpataru Power Transmission (KPTL) through its wholly owned subsidiary -- Kalpataru Power Transmission Sweden AB has signed definitive agreement to acquire 85% stake in Linjemontage i Grastorp AB for......

Kalpataru Power Transmission to acquire 85% stake in Linjemontage i Grastorp AB

Kalpataru Power Transmission (KPTL) through its wholly owned subsidiary -- Kalpataru Power Transmission Sweden AB has signed definitive agreement to acquire 85% stake in Linjemontage i Grastorp AB for......