Cashew Weekly Update _ 10 September 2024

Key Highlight:
🔻 Supply Impact: Many small cashew households have shut down due to non-parity, potentially leading to a temporary shortage for the year-end season.
📈Demand: Western countries and the US have resumed demand post-summer, though transactions remain scarce. Meanwhile, the Middle East is showing strong interest as they aim to build up stock in preparation for the upcoming winter season 🎉
🌰Concerns: A drop in global raw cashew nut production has sparked concerns of a potential shortage in cashew kernels during Q4 2024.