By Julian Gale
Published: 08 June 2017 02:44 PM
Dutch trader Aldebaran Commodities observed in a June 7 market report that the world cashew market seems to have “arrived in more quiet waters”. “The increasing price rises have stopped, shortage of RCN (raw cashew nuts) has been halted and demand has also settled down,” the company added.
Aldebaran Commodities finds that the RCN afloat is traded at easier levels than RCN being offered from Africa. There seems to be a slight nervousness that RCN afloat cannot be sold with profit due to the halt in kernel prices and therefore there is some...
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