By Julian Gale
Published: 17 May 2017 04:50 PM
Cashew nut kernel prices remain high and went up even further in the last two weeks, Dutch broker Global Trading & Agency noted in a report today. “Supply and demand is not in balance and creating ‘shortages’ causing increasing prices,” the company added.
The main supply of raw material is from West Africa for the moment, as Vietnam and Cambodia are nearly finished. “Traders from West Africa are increasing their prices and started to renegotiate their cheaper priced contracts. Political issues in Ivory
Read more: https://www.agra-net.com/agra/foodnews/dfn/nuts/cashews/cashew-prices-pushed-up-by-lack-of-supply-551986.htm