Cashew Nut Kernels Market Activity – End of August 2018
Like most markets also the market of cashewnutkernels is experiencing less activity. Summer holidays and stable market is getting buyers to sit back and wait. Nearby positions are covered. We expect stability in the months ahead of us. The crop in the Southern Hemisphere will become available during October/November (approx. 25% of total worldvolume) but no significant price changes are expected for raw seeds nor kernels. Depending on supply/demand market will move sideways. Our recommendation is to be covered until February/March as than the new crop from the Northern Hemisphere will start. The decrease in price of the past months hopefully will help consumption a bit as
export figures from India and Vietnam slowed down.