Cashew market update / cashew offers

Cashew market continues to fall. This is the second time in last 4 months, the prices has reached the bottom.

The reasons:

- Demand from customers overseas is very limited.

- Vietnam processors have bought RCN in bonded warehouse a huge quantity as the

prices are cheaper almost 300-400usd/MT when compared to last 2 months. => a lot

of stock available for both RCN and Kernels.

- Financial problems.