Cashew market update / cashew offers
Cashew market continues to fall. This is the second time in last 4 months, the prices has reached the bottom.
- Demand from customers overseas is very limited.
- Vietnam processors have bought RCN in bonded warehouse a huge quantity as the
prices are cheaper almost 300-400usd/MT when compared to last 2 months. => a lot
of stock available for both RCN and Kernels.
- Financial problems.