Soon India may Face Severe Raw Cashew Shortage as Guinea Bissau Sells Entire Stocks to Vietnam
According to reports, there is now no unsold raw cashew stock pile in Guinea Bissau. ENTIRE HARVEST SOLD OUT! IT IS A CONTRACT SUPPORTED BY THE AUTHORITIES OF VIETNAM AND THE GOVERNMENT OF GUINEA BISSAU.
Indian domestic market works out to $5.00/pound. However, the quality determines the price in this market. Who will supply the domestic quality raw cashew to India?
Africa is increasing its processing capacity.
According to reports, there is now no unsold raw cashew stock pile in Guinea Bissau. ENTIRE HARVEST SOLD OUT! IT IS A CONTRACT SUPPORTED BY THE AUTHORITIES OF VIETNAM AND THE GOVERNMENT OF GUINEA BISSAU.
Indian domestic market works out to $5.00/pound. However, the quality determines the price in this market. Who will supply the domestic quality raw cashew to India?
Africa is increasing its processing capacity.
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