Breaking News

You are here » Indian-Commodity  :  Commodities  :  Cashew  :  Local Cashew Nut Deficiency May Decrease 15%


Local Cashew Nut Deficiency May Decrease 15%

Local quantity of raw cashew nuts is probably be lower by nearly 10% to 15% this period. Previously estimations had forecasted a lot more critical drop of 30% to 40 % in the present period. But the cashew market spokesmen are of watch that the crop will improve than the before estimations.

The small drop in local supply has occurred during a period when there`s a worldwide deficiency of fresh cashew nuts. Provides from Ivory Coastline dropped because of the governmental unrest in that region. Market spokesmen noticed that Brazil has additionally entered the import sector since there is a deficiency in crop this season.

Brazil is a main provider of cashew to United states market. The cashew-processing nations will contend to import fresh cashew nuts from African nations. This could increase the deficiency scenario, the market spokesmen stated.

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

Maruti Suzuki opens bookings for New Baleno

Maruti Suzuki India has opened bookings for the new edition of India's most preferred premium hatchback, Baleno. New Baleno, the style icon of Nexa has been refreshed with a fresh sense of premium-ness......

SpiceJet reports passenger load factor of 92.7% in December

SpiceJet has reported the Passenger Load Factor (PLF) of 92.7% during the month of December 2018. The company had reported PLF of 91.1% during the month of November 2018.The PLF is a key indicator of the......

InterGlobe Aviation reports passenger load factor of 88.9% in December

InterGlobe Aviation (IndiGo) has reported the Passenger Load Factor (PLF) of 88.9% during the month of December 2018. The company had reported PLF of 84.9% during November 2018. The PLF is a key indicator......