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Cashew continues to remain sluggish.
Byline: G.K. Nair
Cashew market continued to remain sluggish last week. However, some processors in Vietnam sold some volume few cents lower for W320 from $4.40 to $4.45, splits at around $4.00, pieces at around $3.90/lb (f.o.b.). Large processors from Vietnam were quoting 5-10 cents higher, according to the trade.
Offers from India were W240 at around $4.90; W320 from $ 4.55 to $4.65; W450 at around $4.50; SW320 around $4.50 (f.o.b.). Some sales were made at these higher levels as well.
Domestic market
Domestic market also witnessed limited activity mainly for good quality product even though prices are high.
For the fair average …
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