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Cashew units fail to cash-in on record price |
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Source: The Hindu July 13, 2008
While the international price of cashew kernel touched an all time high
of $3.65 a pound (450 gm), the cashew industry here could not benefit
much from it. This was mainly because the record price proved to be
only a week-long phenomenon witnessed from June 22.
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Cashewnut price reaches new high in international market |
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Source: The Hindu July 11, 2008
The crisis in the industrial sector in
Vietnam and Brazil, the main competitors of India in the cashewnut
market has resulted in its price reaching a new high of dollar 3.60 per
pound in the international market as against dollar 1.90 per pound
about six months back, according to a top official of the Cashew Export
Promotion Council.
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India: Cashew production may go up by 10% |
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Source: FreshPlaza July 9, 2008
The country's cashew production is likely to increase by up to 10% to
reach 7.30 lakh tons in 2008-09 fiscal, a government official said.
"Cashew production, which was growing at 8-10% for the last 2 years
under various projects in the National Horticulture Mission programme,
will continue this year from last year's 6.65 lakh metric ton,"
Directorate of Cashew and Cocoa Development Director Venketesh Hubballi
told PTI.
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Mozambique: Mozambican province of Nampula to see lower cashew production |
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Source: Macauhub July 7, 2008
The province of Nampula, in the
north of Mozambique, is expected to see a fall in cashew production in
the 2007/2008 season, a source from the National Cashew Institute
(INcaju) told Macauhub.
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Tanzania: Packaging cashewnuts for export is now a local affair |
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Source: Daily News Online July 2, 2008
When you talk of Olam Company in Mtwara Municipal and its outskirts,
you simply talk of thousands of people, who depend on the factory to
earn their daily bread. By no doubt the leading cashewnut factory in
the country, started its activities there in 2003.
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