Mintec to launch Indian cashew Mintec Benchmark Prices

All Market Notes 15 September 2023

Following a period of market feedback, Mintec has decided to launch a weekly Mintec Benchmark Prices for Indian cashews, WW240 grade. The publication of the new assessment will start from Friday 29th September 2023.

The specification for the assessment will be as below:

The assessment will reflect the transactable value at 16:00 London time.

India is an important cashew producer and exporter, with high volumes of raw cashew nuts being processed within the country. The processed kernels are either consumed domestically or exported to markets such as Asia, Middle East, the US and Europe. The assessment will complement Mintec’s exiting Indian cashew coverage and provides Mintec customers deeper insight into the Indian cashew complex. Additionally, the assessment will allow for Mintec customers to compare prices for larger sized kernels against other major exporting regions. 

Please send any questions or comments about this market note to Methodology@mintecglobal.com and clearly state which market note your comments relate to, and if the comments are intended for publication by Mintec.

Mintec will acknowledge receipt of all comments by email.