By Julian Gale
Published: 25 November 2016 04:32 PM
European buyers of cashew nuts have been very quiet for the last two months already but now it seems that US and Chinese buyers have disappeared from the market as well, commodity broker Amberwood Trading observed. This has had the inevitable impact of dampening prices.
he US and China are very important export markets for cashews.
“As a result of the lower demand from China and the USA, prices for the various grades of cashews are under pressure with W320’s now being offered between USD455-4.60 per lb fob,” the company...
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