Cashew nut export volumes are
steadily declining even as domestic consumption is witnessing a consistent
growth.
Cashew export has dropped for
second successive year in 2016-17.It fell by 16% to 81,110 tons. In the year
before it had declined by 19% to 96,346 tons. At the same time, domestic
consumption has touched 3 lakh tons and is growing at 5-6% annually.
According to the provincial data
by The Cashew Export Promotion Council of India (CEPCI), the export value has
risen marginally by 3% for 2016-17 reaching . 5,077 crore because of the better
prices fetched by the cashew kernels
towards the end of the year.
CEPCI secretary S Kannan
attributed the fall in quantity to limited availability of imported raw nuts
due to imposition of 9.36% duty from last year, high price of raw nuts and poor
production in India. The duty was imposed to prevent local traders from
misusing free import norms. But it has become an impediment for the exporters.
Retail cashew prices was `
800 to 1,000kg while export price was $4.64.9 per pound, (about `.
700 per kg) last year.
Không có nhận xét nào:
Đăng nhận xét