Category: Market updates

From 5-7 August, the African Cashew Alliance together with the cashew stakeholders of Mali organized the second edition of FOCAS in Bamako. This event was supported by the Projet d’Appui à la filière de l’Anacarde au Mali (PAFAM) and the Competitive Cashew Initiative (ComCashew). Under the theme, “Improving Competitiveness of the Cashew Value Chain in … Read more

In a major relief to local cashew processors and traders who are hurt by rising imports, the Union Budget has proposed to increase the customs duty on cashew kernels to 70% from the current 45%, for both broken and whole varieties. India is the largest consumer of the nut. Cashew prices in the country had … Read more

A lot of buyers in Europe and US are enjoying their well deserved summer break and demand is slow. The supply from West Africa is more or less finished with last noticeable shipments afloat to processing countries as India and Vietnam. The quality of the lots still in store in producing origins is deteriorating and … Read more