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VOLUME 16 ISSUE 06 01-07 Feb, 2015 Successfully completed WCC 5-6 Feb 2015, Atlantis- The Palm, Dubai We thank all the delegates, sponsors, supporting bodies and exhibitors in making WCC 2015 a global platform

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VOLUME

16 ISSUE

06 01-07 Feb, 2015

Successfully completed WCC

5-6 Feb 2015, Atlantis- The Palm,

Dubai

We thank all the delegates, sponsors, supporting bodies

and exhibitors in making WCC 2015 a global platform

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ADVERTISE IN PROCEEDINGS OF WCC 2015

Dear Delegate,

It’s been our tradition in collating and disseminating information to the industry since 1998. WCC 2015 is

offering one such excellent opportunity to collate, publish and circulate key points & findings from the

panel discussions and presentations on cashew industry.

CashewInfo.com will be releasing a printed version of WCC 2015 Proceedings with all

presentations, key points discussed in panel discussions, photos, etc.

Advertise in WCC 2015 Proceedings

Advt Position Tariff for WCC participants Regular Tariff

Front opening fold USD 1000 USD 1800

Book Mark USD 1000 USD 1800

Center Spread USD 900 USD 1600

Back Cover USD 600 USD 1100

Front Inner USD 500 USD 900

Back Inner USD 500 USD 900

Any Inner Page USD 200 USD 400

Why Advertise:

- The copies will be circulated to all the participants, key industry members.

- Digital copy will be made available throughout the year on www.cashewconvention.com and

www.cashewinfo.com.

- Digital version will be sent to around 10000 email ids.

- CashewInfo.com will circulate copies in all conferences around the world, throughout the year.

- Cost effective way of advertising and reaching out to your target audience.

The printed version will be released within 1-month from the convention dates. Last date to confirm your

advertisement is 20th Feb. Last date to provide advertisement material is 28

th Feb.

Look forward to your favorable response.

Warm regards,

Swapna Asst Vice President [email protected], +91 9342840609

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Indian Cashew Kernel Market

In India, local markets showed some activity with rise in prices of cashew kernels during the week. There

was low availability of kernel noticed in cashew markets. In Vetepalem there was good demand for kernels

due to marriage season.

RCN Market in India

During the wee, the RCN market was active; the prices have gone up slightly, but Inventory drawdown is

evident in raw cashew

Indian CNSL Market

The Indian CNSL market is in typical situation as there were no buyers for CNSL and low availability noticed.

Less interest shown to extracting CNSL, therefore shells remained idle.

Netherlands Cashew Market

Information on the crops on the northern hemisphere so far is all good. The prices of raw seeds are coming

down a bit and offers are floating around. The general opinion is that when the market continues to develop

as it is at the moment, kernel prices might come down. When something occurs though, it easily can change

the feeling as especially the pre-sales might become questionable than.

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Table 1: Prices of RCN, cashew kernels and by products as on 02/07/2015

Grades 01/31/2015 02/07/2015

Raw Cashew Nut prices

Indian RCN (USD per tonne) 1653 1694

IVC (USD per tonne) 1070 1040

Benin (USD per tonne) 1065 1150

Ghana (USD per tonne) - 1180

Nigeria (USD per tonne) -

Guinea Bissau(USD per tonne) -

Tuticorin (India) (USD per lb fob)

W240 3.75 – 3.95 3.75 – 3.95

W320 3.30 – 3.50 3.30 – 3.50

W450 3.25 – 3.40 3.25 – 3.40

SW320 3.35 – 3.45 3.35 – 3.45

SW360 3.20 – 3.30 3.20 – 3.30

SSW 3.10 – 3.20 3.10 – 3.20

Butts 3.10 – 3.20 3.10 – 3.20

Splits 2.95 – 3.05 2.95 – 3.05

Large Pieces 2.85 – 2.95 2.85 – 2.95

Rotterdam (USD per lb FCA)

WW240 3.80-3.90 3.85-3.90

WW320 3.50-3.55 3.55-3.60

WW450 3.35-3.40 3.35-3.40

Vietnam (USD per lb fob)

W240 3.70-3.75 3.70-3.75

W320 3.30-3.35 3.30-3.35

W450 3.10-3.15 3.10-3.15

WS 2.70-2.80 2.70-2.80

LP 2.60-2.65 2.60-2.65

IVC (USD per tonne CNF) 1200 1200

Ghana (USD per tonne CNF) 1015 1015

Nigeria (USD per tonne CNF) 955 955

Benin (USD per tonne CNF) 1330 1330

Mozambique (USD per tonne CNF) 1355 1355

Tanzania (USD per tonne CNF) 1450 1450

Guinea Bissau (USD/ tonne CNF) 1500 1500

Prices of Cashew by products in India (USD per kg)

Cashew Nut Shell Liquid 0.411 0.403

Cashew Shell 0.137 0.145

Cashew Cake 0.100 0.097

Cardanol 0.838 0.823

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Table 2: Forex rates (in USD)

Currency 01/30/2015 02/06/2015

Indian Rupee (INR) 62.020 61.970

Euro (EUR) 0.886 0.884

Japanese Yen (JPY) 117.450 118.980

Brazilian Real (BRL) 2.682 2.783

Chinese Yuan (CNY) 6.250 6.244

Singapore Dollar (SGD) 1.354 1.353

Tanzanian Shilling (TZS) 1765.000 1830.000

Thai Baht (THB) 32.730 32.650

Mozambique New Metical (MZN) 32.000 33.300

Vietnam Dong (VND) 21317.000 21282.000

Indonesian Rupiah (IDR) 12667.500 12614.500

Benin CFA Franc BCEAO (XOF) 583.560 581.920

Ghanaian New Cedi (GHS) 3.330 3.380

Indian rupee gained for the fifth time during last six weeks and settled around 61.69. As expected the RBI

has decided to keep the repo rates unchanged at 7.75 per cent in its meeting last week. Indian rupee last

week traded in the region of 61.55 and 62 and finally gained by 18 paise to 61.69 against the dollar.

Brazilian real last week pared most of the gains and fell to new 10-year low of 2.7852 during last week due

to fall out of biggest corruption scandal in Brazil's state-run oil company Petrobras. Brazilian real last week

traded in the region of 2.6650 and 2.7852 and settled weaker at 2.7825 and was highly volatile.

The Deputy Minister for Vietnam’s Construction Ministry, Nguyen Tran Nam, has announced a proposal

for the State Bank of Vietnam (SBV) to support the commercial housing market through a VND50 trillion

(US$2.3bn) credit package. Last week Vietnam dong traded in the region of 21408 and 21185 and finally

settled at 21282.

turn key plants and machinery for the cashew nut processing

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mail: [email protected] - [email protected]: www.oltremare.biz

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"Do you have an interesting story to share with us on cashew value chain (in your region/country), innovation,

processing, technology, financing or any topic related to cashew industry? If yes, write to us at

[email protected] "

Disclaimer: The mentioned ideologies in this report are based on the research done at Foretell Business Solutions Private

Limited, Bangalore. Foretell will not be responsible for any kind of losses incurred by any party either directly or

indirectly based on our research results, though we have presented the best of our knowledge.

REACH OUT

TO

GLOBAL CASHEW INDUSTRY

ADVERTISE IN

CASHEW WEEK & WWW.CASHEWINFO.COM

For Advertisement in Cashew Week

&

Banner Space on www.cashewinfo.com

CONTACT: [email protected]