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INTERNATIONAL RAW CASHEW MARKET (per ton) Benin - $1590 - $1600(yield-48 lbs, Second crop) ; Nigeria - $1290 - $1380

Ghana - $1450 - $1525 Ivory Coast - Not Available INDIAN RAW CASHEW MARKET(per kilo) Kerala - 76 to 78 (Driage-8.5%); 80 to 81 (Driage-6%) Karnataka - 75 to 77 Maharashtra - 81.5 to 83.5 Goa - 85.5 Cashew Kernel F.O.B Market(Standard Grading) ( Per Pound) W240 - $4.55 to $4.72 W320 - $4.08 to $4.25 W450 - $3.75 to $3.90 ( Grades far-Below International Standards May Not Get These Rates) Indian Cashew Kernel Market (per tin of 11.34 kgs) Grade- Price(Karnataka India ) W180 - 7500 W210 - 6500 W240 - 5900 W320 - 5200 W400 - 4800 Splits - 4850 ( Jumbo ) Pieces-4550 (K) Grade- Price(Kerala India ) W180 - 7100 W210 - 6200 W240 - 5600 W320 - 4850 Splits - 4600 (Jumbo ) Splits - 4450 (Average ) Pieces -4400 ( Special Large) Pieces -4250 (Average Large) Grade- Price(Goa India ) - SALES TAX EXTRA W180 - 7700 W210 - 6700 W240 - 6100 W320 - 5400 Splits - 5050 Pieces - 4700 (Large) Indian Cashew Kernel Price Steady But Supply Shortage May Push Prices Higher

Contrary to all expectations, market for cashew kernel is stagnant due to lack of buyers activity and sellers reluctance to sell. Most processors are busy with raw cashew procurement and storage. Many of them are not interested in bulk kernel sales nor in kernel price rise during this main raw cashew nut season. But many holidays in this week in Kerala state, may push cashew kernel prices by next week. Right now, there is once again slight supply shortage in cashew kernel.

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