Market Trendz

​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​INTERNATIONAL RAW CASHEW MARKET TRENDS (per ton; C&F India, Western Ports) – Real market or exact price can not be ascertained in the cashew trade as prices are always fixed after some negotiations. Prices may differ from person to person, place to place or according to contract conditions. We strongly recommend that users should gather information from all available sources and should conduct their own research or study before making a decision  – See Disclaimer

INDIAN RAW CASHEW MARKET TRENDS (per kilo)

Kerala : : 80 (Plantation/Semi-dry/Count 175-178); 73.5 to 74.5 (Count: 160/Undried); 69.5 to 71.5 (Count: 175-180/Undried)

Karnataka : 67 to 70 (New Crop)

Maharashtra : 73.5  to 74.5 (Count 170-175/Cutting 30%); 70.5  to 72  (Count 180-185/Cutting 28.5%); 67.5  to 68.5 (Count 198-202/Cutting 28.25%)

Goa : 75 to 76

Imported :  -   ( ); -  ( )

CASHEW KERNEL F.O.B MARKET TRENDS /Pound

( Due to grading competition premium grading differs from one producer to another. So we have categorized it in to two groups – 1) Premium 2) Standard ). Both these come under premium category. Normal grading is the most common grading but Average grading is ordinary and less accurate in our classifications. Premium S320 fetches more price than the Average (Ordinary) W320 because of uniformity in size, shape, color, look etc.).

W240 - $4.30 to $4.35 (Premium); $4.20 to $4.25 (Standard); $4.10 to $4.15 (Normal); $4.05 to$4.10 (Average/Ordinary) - Availability of Additional supply/Delivery doubtful till March-end.

W320 -$3.95 to $4.00 (Premium); $3.85 to $3.90 (Standard); $3.75 to $3.80 (Normal); $3.65 to $3.70 (Average/Ordinary) – Availability of Additional supply/Delivery doubtful till March-end.

W450 -$3.65 to $3.70 (Premium); $3.55 to $3.60 (Standard); $3.45 to $3.50 (Normal); $3.40 to $3.45 (Average/Ordinary) – Availability of Additional supply/Delivery doubtful till March-end.

Because of the over-selling in the global cashew kernel till March-end/April, getting a clear picture of the market or market trends is not possible. Over-selling or over-buying usually happens during the volatile Forex conditions. For more information, please read our articles : 1) Cashew Flashback 2011. 2) Falling Rupee Fuelled Forward  Contract Competition.

Supply is always essential to determine the price. If there are no new offers or no extra supply resources and mainly contracted/committed supply/delivery is possible till March-end/April, there will be no market access at all. At present, most kernel exporters have enough export commitments for March delivery and they can not sell more than what they have or beyond their capacity.

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INDIAN CASHEW KERNEL MARKET TRENDS  -

(per tin of 11.34 kg) –  Grading for the Indian domestic market should be almost similar to that of Japanese  (Premium)  grading standards.

Grade- Price (Premium)

W180 - 6850 – 6900

W210 - 6100 – 6150

W240 – 5500 – 5550

W320 – 4950 – 5000

W400 – 4600 – 4650

Splits – 4300 – 4350 ( Jumbo )

Pieces-3925 – 3950 (K); 3550 - 3600 (SWP)

Grade- Price (Standard) -

W180 – 6700 – 6750

W210 – 6000 – 6050

W240 – 5400 – 5450

W320 – 4850 – 4900

Splits – 4200 – 4250 (Jumbo )

Pieces -3750 – 3800 ( Large); 3400 - 3450 (SWP)

Grade- Price (Normal) -

W180 – 6500 – 6600

W210 - 5850 – 5900

W240 – 5250 – 5300

W320 - 4700 – 4750

Splits - 4050 – 4100

Pieces -3600 – 3650 (Large); 3250 - 3300 (SWP)

(Prices for the Average or below normal (ordinary) grading may highly differ from factory to factory, in accordance with  periodic or area-wise demand)

- Real market or exact price can not be ascertained in the cashew trade as prices are always fixed after some negotiations. Prices may differ from person to person, place to place or according to contract conditions. We strongly recommend that users should gather information from all available sources and should conduct their own research or study before making a decision – See Disclaimer