Cashew Kernel Price Today
Cashew Kernel Price Today, July 21, 2017
W240: 5.20-5.25; W320: 5.05-5.15;
W450/ SW320/ LBW: 4.9-4.95;
DW: 4.5-4.6; WS/WB: 4.35-4.6;
LP: 3.75-3.85 (SP: Limited)
(Unit: USD/ Lb FOB HCMC/ Flexi packs)
Note: The above selling prices for non-Chinese markets/ Prompt shipment.
Thứ Sáu, 28 tháng 11, 2014
Thứ Năm, 27 tháng 11, 2014
Indian consumption is slowly improving due to the wedding season and approaching winter as well as New Year.
There are now more sellers and less buyers in the raw cashew market.
Brazilian harvest may not fall below expectations.
This year, weather conditions were highly favorable to Tanzania and Mozambique but the Sulawesi region of Indonesia is facing usual uncertainties.
Source: World cashew
Thứ Tư, 26 tháng 11, 2014
Thứ Ba, 25 tháng 11, 2014
Source: The Hindu
Source: the hindu business line
Thứ Hai, 24 tháng 11, 2014
Robust demand for cashew nut and limited supply from Africa are likely to keep the market steady until April, traders said. Higher cost of competing nuts is also adding to the support.
Chủ Nhật, 23 tháng 11, 2014
Rising supply: Harvested raw cashew kept for processing at farm near Kochi, Kerala. Raw cashew output stands at 7.3 lakh tonnes from 9.8 lakh hectares against 5 lt from 7.7 lakh hectares in 2002-03.
Source: the hindu business line
Thứ Ba, 18 tháng 11, 2014
Thứ Hai, 17 tháng 11, 2014
Held at The Art of Living International Center, the meet focused on the importance of saving indigenous cows, using natural ways of farming and chemical-free farming.
Simple and easy-to-practice tips like use of cow dung for manure, urine as pesticide were also given by experts. "Our philosophy is to promote farming techniques that are beneficial to the farmer, the consumer and the land. Natural farming or chemical-free farming can achieve these objectives. Along with the skills and knowledge we impart, here they can share leanings and challenges with each other too. We are creating a 'Kisan Sangh', an association to also market this organic produce," shared Dr. Muley, Chairman, SSIAST.
The meet provided a platform for experts to come and share their experiences with the farmers. Chandrashekhar Bachelor, Agriculture Trainer with SSIAST from Chattisgarh shared his success story of converting infertile land into fertile by mixed cropping on a small scale with different crops, like, mango, papaya, and Kaju (cashew nuts). "We have stopped the production of alcohol from mahuwa flowers in Koi village, Korba, Chhattisgarh which is heavily grown in the state. Instead we now make laddus (sweets) out of it. This is very popular now. We are working on 18 more villages and have empowered many farmers to grow organically."
Vouching for the benefits of organic farming, Kehsav Vyas, a farmer from Madhya Pradesh said," We are spending very less and earning much more. In modern farming, production reduces every year, while production increases with organic farming. I also grow sugarcane and make jaggery (gur) from the organic produce."
Sruthy Susan Ullas,TNN
Source: The Times of India
Chủ Nhật, 16 tháng 11, 2014
FOB prices in Weeks 46 :
W240 US$ 3.75 to 3.95
W320 US$ 3.40 to 3.55
W450 US$ 3.25 to 3.40
SW320 US$ 3.35 to 3.45
SW360 US$ 3.20 to 3.30
SSW US$ 3.10 to 3.20
Butts US$ 3.10 to 3.25
Splits US$ 2.95 to 3.05
Large Pieces US$ 2.85 to 2.95
Cashew market started moving up slowly from mid Aug and moved up sharply during Sept. There was good demand from all markets till early Oct. Highest levels traded were W240 at 4.05 to 4.15 and W320 at 3.60 to 3.70 FOB. Market has been quiet since middle of Oct. In the last 3 weeks, prices came down a few cents from the large processors and more from the small / medium processors.
In Weeks 45 & 46, offers / trades were in the range of W240 from 3.75 to 3.95, W320 from 3.40 to 3.55, W450 from 3.30 to 3.45, SW320 from 3.35 to 3.45, Butts from 3.10 to 3.25, Splits from 2.95 to 3.05 and Pieces from 2.85 to 2.95 FOB
RCN market moved up between Aug to mid Oct. In 2 months, prices for West Africa RCN (harvested from Mar/Apr to Jun/Jul) moved up from 1150-1250 range to 1350-1550 range. Tanzania RCN (harvest from Oct to Dec/Jan) started trading around US$ 1600 C&F. In the last 2-3 weeks, this has come down to US$ 1425-1450 C&F. Even at this lower level, there is a disparity of 15-20 cents per lb. If processors are not able to sell kernels at higher prices, they may be slow in buying RCN - this might lead to some reduction in RCN prices but reduction will not be much since availability is limited because the Southern crop is small in quantity (less than 25% of world production).
Cashew continues to be the most reasonably priced nut moving in a relatively narrow range (compared to other nuts). It would be reasonable to expect prices to remain in this range and maybe even move up a bit – depending on buyer behavior. Will they continue to buy in small tranches which will keep market steady ? Will they buy larger volumes or longer spreads which will push market up a bit ??
For the time being, many buyers seem to be waiting to see how market moves in coming weeks before buying more since they have bought some quantities during Aug/Sep and because prices have slipped from the peak. But, some are still buying part of their requirements from reliable processors (even at higher levels).
Although we cannot be sure how market will move, specially in an uncertain situation like we have now, our feeling is that cashew kernel market will remain in range of 3.40 to 3.70 for next 3-4 months (maybe more). Prices may even move up a bit more during this period. There are very little chances of any significant decline unless the next Northern Hemishpere (India, Vietnam, West Africa) crops which contribute 75% of World Production are all very good. Even then, prices may not come down until there is a smooth flow of RCN from West Africa to India and Vietnam. It is quite possible that in 2015 we will see a different range compared to the 3.25-3.50 range that we have seen for more than 2 years now.
Pankaj N. Sampat | SAMSONS TRADERS