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CASHEW KERNELS

India is the largest processor of raw cashew seeds and exporter of cashew kernels. The annual production of raw cashew seeds in India is in the region of 500,000 metric tonnes. With this quantity of raw cashew seeds, the factories in India can only run for approximately 6 months of the year. Hence they have to import raw cashew seed from other countries, such as Ivory Coast (130,000 tonnes), Tanzania (80,000 tonnes), Indonesia (35,000 tonnes) and various other African countries.

There are 6 stages in the processing of raw cashews seeds and this normally takes 6 to 7 days from the date of input of raw materials till the date the finished product is obtained.

Grading is the most important stage in the whole process and there are approximately 35 to 40 grades, of which only 12 to 15 are exported. The majority of cashew kernels are exported to USA, Holland and then the rest of Europe.

Cashew Kernals Grade Chart    Cashew Kernals Specifications Chart

The cashew kernel market is highly volatile and the price is mainly dominated by buyers and brokers in line with demand and supply. The majority of cashew kernel producers are small in size and are vulnerable to even the smallest of market fluctuations. It takes approximately 4 months from the time of buying the raw seeds to the time it gets exported. Some processors see the parity of purchase and export prices and do forward trading of cashew kernels on the same day. Others take a risk and leave the position open and gamble on the market going up. This makes the trading of cashew kernels very high risk.

We as an organisation do not take market positions as this is high risk. We have been trading in raw cashew seeds for the past 20 years and as such have established close and personal links with all the major processors in India. As a result of this we are in a far better position to provide quality goods at a competitive price. We can also ensure that regardless of price fluctuations, our customers receive the goods at the time stated and at the agreed price.

We are also looking to establish similar links with the major processors in Vietnam and Brazil.

Contacts:

Niru Ashoka
Tel: + 44 (0) 20 8406 9876
Fax: + 44 (0) 20 8660 8567
Mobile : + 44 (0) 7746 172169
E –mail: niru.ashoka@global-commodities.org

Ishwar Ashoka
Tel: + 44 (0) 20 8406 9876
Fax: + 44 (0) 20 8660 8567
Mobile : + 44 (0) 7718 746428
E –mail: ishwar.ashoka@global-commodities.org

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