Mozambique may export as much as 25 percent fewer cashew nuts to India than it did last year because of falling demand, O Pais reported, citing National Cashew Nuts Institute Director Raimundo Matule.
The price of Mozambican brute cashew nuts has declined by about $100 since the start of 2008 to about $600 a metric ton because of the global recession, the Maputo-based newspaper said.
Source: bloomberg.com
Publication date: 5/25/2009
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