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Recessionary trends and rising inflation take a toll on consumption in the US and European Union. Illegal imports of cashew kernels also take their toll on local prices.
Monday, 28 December, 2020, 12 : 00 PM [IST] Our Bureau, Mumbai For most of 2020, Cashew Kernel prices have been moving sideways - except for the big drop in Mar/April 2020 and a short lived dip in August/September 2020. The main traded grade - W320 has been in the range of 2.80-3.10 FOB Vietnam and 3.30-3.60 FOB India for most of SH 2020. A notable feature has been that there has been a wider than normal gap between the lowest and highest prices on any given day (even from the same origin for same shipment period and that business has been done at both ends of th...