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Tanzania Notice to Raw Cashewnut Buyers    Tanzania Notice to Raw Cashewnut Transporters
ComCashew 11th Edition on: The Global nut: Learnings from Asia
Highlights of Key Cashew Stakeholders Meeting Dubai - August 2018

INTERVIEWS

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"Global Cashew Council was formed under INC umbrella mainly to promote health research specifically on cashews. For the first time, INC has commissioned the study on cashew consumption is good for heart health and the study has been completed and soon it will publish that consuming cashew is good for heart."

Mr Pratap Nair, Board Member, Ambassador-INC International Nut and Dried Fruit Council

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"There is a misconception in India and across the world that the nut consumption is supposed to aid in weight increase, but the study by Madras Diabetic Research Foundation in type-2 diabetes patient, found that consuming cashew nuts for a periods of three months with 30 grams per day did not increase the body weight and waist circumference."

Dr Shobana Shanmugam, Sr. Scientist - Foods Research, Madras Diabetic Research Foundation (MDRF), India

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"The cashew is the only nut where broken are cheaper than the wholes, in all other nuts like Almonds, Brazil nuts, the broken are higher because there is a process involved in making the broken but in cashews, the splits and pieces are the only a by-products, so it is cheaper."

Mr Pankaj N. Sampat, Managing Director, Samsons Traders LLC, India

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"This year we are facing problem as the RCN price is at a record high and the kernel buyer is not keen on committing big volumes. Secondly, banks in Vietnam are not willing to finance cashew processing companies to buy RCN at this very high price."

Mr Vu Thai Son, Long Son JSC, Vietnam, Group Director, IE Singapore

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"The demand for traceable and sustainable food supply chains is growing. Sustainable supply chain improvements can be achieved when parties collaborate. It is to make sure that the industry is practicing ethical trading standards through sustainable sourcing of the product."

Ms Amanda Wright, Purchasing Director, Humdinger Foods, UK

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"As we have the gentlest way of processing and pasteurizing the cashews, we feel that our technology will find place in cashew industry, as we already have enough preference of our product across the world."

Mr David Barbera, Napasol AG

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"The state of Gujarat is one of the largest consumers of cashew kernels and has been emerging as a raw cashew nut processing hub. Due to its proximity to North Indian markets, we can easily understand the demand/behavior of those markets."

Mr Urmil Raval, Director, Dryfruit Factory LLP

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"We are keen in expanding our foot print in African countries as lot of cashew processing is going to happen in Africa in the coming years."

Ms Suchithra Balasubramanian, CEO, nanoPix

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"The size of funding for cashew even though is small, but in the last four years it has improved from less than two percent to more than 10 percent today."

Mr Anshul Jindal, Senior Investment Officer, Agribusiness Asia Pacific, responsAbility Investments AG

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"Automation for any kind of industry should be viewed as important and beneficial. But if you are doing automation from the traditional processes, then we cannot compromise on the quality."

Mr Deepta Gupta, Bikanervala Foods Pvt Ltd

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SPOT PRICES

 
10/19/2018 Tuticorincochin Cashew Kernel - SW320 3.75 usdperlb
10/19/2018 Tuticorincochin Cashew Kernel - W240 4.2 usdperlb
10/19/2018 Tuticorincochin Cashew Kernel - W320 3.925 usdperlb
10/19/2018 Tuticorincochin Cashew Kernel - W450 3.8 usdperlb
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