date:Aug 12, 2016
s ate into profit margins, leading to facilities being idled, while a new import tax on raw cashew nuts has also crippled the sector, leading to lower export flows from the country.
Traders are now nervous about the cashew rally, as higher prices will incentivise more production, leading to a sharp fall in prices. On the demand side, they forecast reduced demand from large retailers.
Supermarkets and other large buyers will next month start the tendering for their purchases for 2017 at current