Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cashew  :  Limited Worldwide Supply Improves Cashew Rates

25-May2011

Limited Worldwide Supply Improves Cashew Rates

Cashew market continuing to proceed up with the costs of virtually all levels growing on great need among restricted offer in the offshore industry.

W240 was initially traded at close to $4.50, W320 was basically marketed from $4 to $4.10, W450 at close to $3.95, Splits at close to $3.60, Items were marketed at close to $3.50 (f.o.b.), and also a few processors was able to offer several levels couple of cents high, business sources explained.

Natural Cashew Nut rates have also shifted up by $75-$100 a tonne, equal to 15-20 cents each lb of kernels, during the last few weeks. Brazilian purchasing goal is noted to be 30,000-50,000 lots, which is increasing the typical opposition among India as well as Vietnam regarding West African RCN.

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

Coromandel International reports 14% fall in Q3 consolidated net profit

Coromandel International has reported results for third quarter ended December 31, 2018.The company has reported a fall of 15.23% in its net profit at Rs 152.67 crore for the quarter under review as compared......

Bajaj Auto planning to foray into electric vehicles next year

Bajaj Auto is planning to foray into electric vehicles (EV) next year, simultaneously with the migration of its conventional engine vehicles to BS-VI emission norms.The company also plans to launch electric......

Inflame Appliances, Lupin and IDBI Bank to see some action today

Inflame Appliances has set up a new facility to produce Electrical Chimneys & its parts, which can be considered as an 'Make in India' initiative as more than 90% Chimneys are imported from China......