Chelmer Foods is now importing and supplying Cashew Nuts
The cashew market has been taking an upwards turn now after it recently hit bottom, many factories have gone under as there is no liquidity available in the market, good kernel quality is still very difficult to come by.
Shippers have now come back to renegotiate pricing on raw seed that has been left sitting at the port.
Buyers are urged to proceed with caution when approaching small – midsize shippers as quality can drastically vary.
We are expecting to see this market move higher as negotiations continue on raw seed and each day shippers have been withdrawing offers for higher levels.
The US market has started their purchasing for 4th quarter and will continue in the coming weeks.
Please let us know if you have any demand you are seeking.