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, 30 tháng 9, 2016
Thứ Tư, 28 tháng 9, 2016
Thứ Hai, 26 tháng 9, 2016
Mon Sep 26, 2016
Thứ Bảy, 24 tháng 9, 2016
Wednesday, September 21st, 2016
Indian cashew industry is struggling in this festive season, because of the production slowdown, lower filling yield and unsuitable grades. Kernel market is now moving according to demand and supply as corporate and online sellers are facing shortage of supply during the peak demand.
Price of premium grade W240/tin is around Rs10000 where as W320 is available around Rs9200. Even Jumbo Half is moving above Rs9000 for white large splits. These rates are for 25 pounds and inclusive of VAT and local expenses in Goa-Mangalore.
Source: World Cashew Blog
September 23, 2016
Thứ Năm, 22 tháng 9, 2016
Tanzania: Farmers uproot cashew trees as market woes bite Farmers spread cashew nuts to dry under the
The Cashew Export Promotion Council of India (CEPCI) on Thursday urged the central government to initiate immediate steps to arrest the slide in the fortunes of the cashew industry in particular and exports in general. "Unfavourable export policies have resulted in a fall of cashew exports from 41,955 tonnes in the first quarter of the last financial year to 30,319 tonnes during the same period in the current fiscal. In revenue terms, the export earnings slipped from Rs 2.1 crore to Rs 1.7 crore," CEPCI Chairman P. Sundaram told reporters here.
Set up in 1955 by the Government of India, CEPCI provides necessary institutional framework for performing different functions for promoting export of cashew kernels. What hit the industry worst was the newly-introduced import duty, Sundaram pointed out. "As per the new norms, duty-free imports is possible only if kernels weighing 25 per cent of the raw nuts is imported and kernels worth 15 per cent more in value is exported within 18 months."
The CEPCI has submitted certain remedial measures to Union Finance Minister Arun Jaitley and Minister of State for Commerce & Industry Nirmala Sitharaman. "The remedial measures include a special package for the cashew industry, similar to what was given to the textile sector in the past, and measures like rollback of the import duty imposed on raw nuts with retrospective effect from March 1, 2016, restoration of export incentives to five per cent, allowing unhindered processing to enable fulfilment of export contracts, etc.," said Chairman of the Federation of Indian Cashew Industry R.K. Bhoodes.
The overall picture of the cashew industry looks very grim, as out of the total production capacity of 20 lakh tonnes a year, the production of raw nuts in the country has now fallen to under 7 lakh tonnes, and the import of raw nuts is in the range of around 9 lakh tonnes. Kerala leads the rest of the country with 85 per cent of country's cashew exports, but due to huge cost of production, things are going from bad to worse.
"Until a decade back, India was the leading producer, exporter and consumer of cashew in the world, but now things have changed, and Vietnam is surging fast. The factor pushing Vietnam to the forefront is the cost of production -- the cost of producing 80 kgs of cashew is around Rs 1,250 there, while in Kerala, it costs Rs 3,500. Likewise, the productivity from one acre there is 2,500 kg, while here it's 700 kg," Sundaram observed. CEPCI officials also said that even though there are 793 cashew factories in Kerala, barely 140 of them are operational. "Factories outside Kerala concentrate on domestic supplies. While there are more than 3,000 factories, a majority of them are in the unorganised sector. There also, the cost of production is quite high," said Bhoodes.
CEPCI also welcomed the Kerala government's decision to take up cultivation of cashew in states, like Maharashtra and Andhra Pradesh. Maharashtra leads the rest of the country in terms of total area under cashew cultivation, which accounts for 32 per cent of the total 10 lakh hectare, while Kerala's share is just 10 per cent.
Source : Last Updated: Thu, Sep 22, 2016 19:00 hrs
Read more at: http://www.sify.com/news/cashew-body-urges-centre-to-help-arrest-falling-exports-news-others-qjwtarbjjagde.html
According to reports from the Vietnam Cashew Association, in the last two months the country has seen a boost in domestic demand as well as from China for kernels with testa (outer skin).
Average cashew nut farmgate prices in Brazil’s Ceará state have risen to BRL3.63 (USD1.11) per kilo in August, up 7.71% from BRL3.37 per kilo a month earlier.
Read more: https://www.agra-net.com/agra/public-ledger/commodities/nuts/cashews/brazilian-cashew-nut-prices-edge-higher-527520.htm
Thu Sep 22, 2016
Wed Sep 21, 2016
The Cashewnut Board of Tanzania (CBT) wishes to inform prospective buyers of Raw Cashew Nuts (RCN) that the buying season for the year 2016/2017 opened officially on 1st September 2016.
In this crop season, CBT shall issue two separate RCN licenses one for Local Processors and the other one for RCN Exporters. One buyer can apply for both licenses depending on the needs.
All interested buyers are advised to apply for the relevant licenses upon filling in the application forms which will be submitted along with certified copies of Valid Business License, Taxpayer’s Identification Certificate (TIN/VAT Certificates), Company’s Certificate of Incorporation/Registration, and two coloured passport size photos of the Company Representative.
License application forms can be obtained from CBT Head Office in Mtwara or its Branches in Dar Es Salaam, Tunduru and Tanga or can be downloaded from the website www.cashew.go.tz.
Issued by:- Director General, Cashewnut Board of Tanzania, TANU Road, P. O. Box 533, MTWARA. Fax: +255 23 2333536Website: www.cashew.go.tz