Cashew Market Update_25 October 2024
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Curious about where the cashew market is headed? 🌍 Here’s the latest scoop:

🌐 In the short term, cashew prices are staying firm as raw material costs remain high—supplies are tight, and prices just aren’t aligning! Expect this firmness to continue as producers juggle supply challenges.
🌍 While the U.S. and EU markets have slowed down, the Middle East is on fire with strong demand 🔥. Buyers are stocking up, creating unique dynamics across regions.
⏳ First-quarter 2025 offers are in demand, but many packers are cautious. With concerns over raw nut supply and the wait for Vietnam’s next crop, the future remains uncertain.