CASHEW PRICES
January 1st, 2003
BY SWINEETHA DIAS WICKRAMANAYAKA
INDIAN cashew nut processors are expecting 2001 and 2002s' glut in supplies of the confectionary ingredient to be slowed, with prices rising above the US$1.70-1.90 a pound of the past 24 months. Pankaj Sampat of Samsons Trading Co said he expects "balance" to return to the market.
INDIAN cashew nut processors are expecting 2001 and 2002s' glut in supplies of the confectionary ingredient to be slowed, with prices rising above the US$1.70-1.90 a pound of the past 24 months. Pankaj Sampat of Samsons Trading Co said he expects "balance" to return to the market.
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