#in-shell

Cashew kernels likely to stay between 4.0 and 4.5 USD a pound for rest of 2018

With most of the Northern Hemisphere crop already in the market, raw cashew prices are expected to stabilize around USD 1650-1800 levels (CNF HCM) going forward. Kernel price (W320), which has reduced by over 5.32% since the beginning of the year is likely to be the range bound between 4.0 and 4.5 USD per lb aiding healthy growth in demand during the second half of the year. Processors in both…