Cashew Kernel Exports Fall

After a record rise in cashew kernel exports last year, exports of the commodity have seen a decline in the first two months of this financial year, owing to a shortage of raw cashew nuts. A decline in production in India and African countries led to the shortage.

For April and May this year, kernel exports stood at 15,715 tonnes, compared with 19,904 tonnes in the corresponding period last year, a decline of 21 per cent. To read more, please visit the Business Standard site here.