Cashew Market Update_14 October 2024

The cashew market is heating up, with raw cashew nut prices soaring across major origins. What’s driving this surge?
• 📉 Low end-season inventories putting pressure on supply
• 🌎 Southern Hemisphere supply concerns struggling to meet demand

Meanwhile, 📈 kernel prices are rising in response to higher raw material costs and intensified domestic procurement.

🌟 The market is buzzing with strong global demand, especially from Europe and the Middle East.

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