India: Exports of cashew continue to drop

June 25, 2009 - The Hindu Business Line

Economic recession in major consuming countries continues to impact the Indian cashew exports, which have shown a decline during the first two months of the current fiscal. Indian shipments in April and May stood at 17,035 tonnes, valued at Rs 456.23 crore, as against 20,008 tonnes, valued at Rs 487.32 crore, in the same period the previous financial year. However, the unit value realisation was on the higher side because of the weakening of the rupee against the dollar. Unit value this ... read more...