India’s RCN market stayed subdued through most of Q1, yet processors saw healthy margins as kernel prices held firm—breaking the usual pattern of sharp corrections during this period. RCN faced brief selling pressure with spot rates dropping 5–7% following decent local arrivals. Still, this correction was softer than historical norms. As Q2 begins, demand has […]
India’s Raw Cashew Nut (RCN) market held steady throughout Q1, driven by unexpectedly strong demand—a rarity during the typically slower summer months. This stability was further supported by delayed and average local crops, as well as increased domestic processing capacity, which continues to absorb available supply. Globally, RCN prices are easing at origin, but this […]
After a muted period in the the Global Cashew Industry, recent turn of events seem to have caught all stakeholders involved in the cashew value chain off guard. Sharp spike in Raw Cashew Nut (RCN) prices and Cashew Kernels prices owing to lower production numbers coming out of all Raw Cashew Nut (RCN) producing regions […]
Following are my observations regarding the current situation. 1. The prima facie worry for the processors is their problem of negligible broken cashew sales, which was mainly driven by the Tourism, F&B and Marriage industry. 2. Raw cashew nuts (RCN) are present in abundant at all ports at relatively cheap rates. Mainly because processors are […]
#India is currently grappling with the second wave of the #Covid-19 pandemic, which has devastated livelihoods at the pace of knots all over the country. Even though the Indian Government is yet to announce a nationwide lockdown. Indian processors find themselves in a Deja-vu situation, where in they have taken it upon themselves to reduce/halt […]
The African RCN prices have stabilised for almost all origins (Ghana 50 lbs is available at ₹100+GST Cash & Carry at Tuticorn port). Major factors for this are limited availability of new crop supplemented with low supply of Indian origin RCN from east producing areas such as Odisha due to cyclone Fani. The cashew kernel […]