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Increased global cashew supply

Market Situation

Price Trend

Regulation / Agreement

Supply Yield / Stock Quantity

COVID-19

May 19, 2020

Written by

Rajjun Sahota

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COVID 19 has caused global prices of cashews to fall as there is an increased supply coming from Africa. The shut down of processing factories in India and Vietnam coupled with restricted shipping logistics to large importers like China and the US is the primary cause of the surplus. Suppliers are hoping for a rebound in processing and consumption when the global situation has stabilized.

References

myjoyonline.com

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Macadamia KernelUSD 9.62 ~ 19.87 / KG Fresh AppleUSD ≈ 0.53 ~ 1.34 / KG Fresh Tahiti LimeUSD ≈ 0.74 ~ 1.90 / KG Fresh MandarinUSD ≈ 0.67 ~ 1.40 / KG Almond KernelUSD 5.36 ~ / KG Fresh MangoUSD ≈ 0.79 ~ 13.23 / KG Fresh BananaUSD ≈ 0.49 ~ ≈ 0.95 / KG Fresh Dragon FruitUSD 5.36 ~ 9.14 / KG Fresh PearUSD ≈ 0.71 ~ 1.63 / KG Fresh WatermelonUSD ≈ 0.28 ~ ≈ 0.45 / KG Fresh Table GrapeUSD ≈ 0.64 ~ 3.48 / KG Fresh Common GarlicUSD ≈ 0.39 ~ ≈ 0.95 / KG Dried ChickpeaUSD - ~ / KG Fresh OrangeUSD ≈ 0.56 ~ ≈ 0.95 / KG Whole Common GingerUSD ≈ 0 ~ 2.85 / KG Raw Cashew NutUSD 1.01 ~ 1.28 / KG Dried DateUSD ≈ 0.66 ~ 710 / KG Fresh MD2 PineappleUSD ≈ 0.44 ~ 1.36 / KG Sesame SeedUSD 1.27 ~ 2.44 / KG Fresh LemonUSD ≈ 0.75 ~ 1.89 / KG Macadamia KernelUSD 9.62 ~ 19.87 / KG Fresh AppleUSD ≈ 0.53 ~ 1.34 / KG Fresh Tahiti LimeUSD ≈ 0.74 ~ 1.90 / KG Fresh MandarinUSD ≈ 0.67 ~ 1.40 / KG Almond KernelUSD 5.36 ~ / KG Fresh MangoUSD ≈ 0.79 ~ 13.23 / KG Fresh BananaUSD ≈ 0.49 ~ ≈ 0.95 / KG Fresh Dragon FruitUSD 5.36 ~ 9.14 / KG Fresh PearUSD ≈ 0.71 ~ 1.63 / KG Fresh WatermelonUSD ≈ 0.28 ~ ≈ 0.45 / KG Fresh Table GrapeUSD ≈ 0.64 ~ 3.48 / KG Fresh Common GarlicUSD ≈ 0.39 ~ ≈ 0.95 / KG Dried ChickpeaUSD - ~ / KG Fresh OrangeUSD ≈ 0.56 ~ ≈ 0.95 / KG Whole Common GingerUSD ≈ 0 ~ 2.85 / KG Raw Cashew NutUSD 1.01 ~ 1.28 / KG Dried DateUSD ≈ 0.66 ~ 710 / KG Fresh MD2 PineappleUSD ≈ 0.44 ~ 1.36 / KG Sesame SeedUSD 1.27 ~ 2.44 / KG Fresh LemonUSD ≈ 0.75 ~ 1.89 / KG

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