"I heard the bells on Christmas Day. Their old familiar carols play. And wild and sweet the words repeat. Of peace on earth goodwill to men"

MERRY X'MAS TO ALL..LETS PRAY 2011 WILL BE OF PEACE, HAPPINESS AND HUMANITY.

It seems 2011 be tougher year for cashew Industry..processors are all set for their x'mas collections...as we know x'mas and new year is the most promising season for cashew processors, even the recession in Europe cannot stop sales..major market still is Asia, US, Uk and Middle East. w 320 is being traded at 4$- 4.20$ fob level and w240 at 4.25$ to 4.35$ levels. since the cost of raw cashew is increasing day by day kernel price is also increasing.

last week seen a slugish market in RCN market. traders are reluctant to by rcn at high prices. situation in IVC is worsening day by day adding concern to major traders. UN had stopped all its financial aid to country and French government asked their citizen to came back...

Mozambique is being traded in market around 1500$ level for 46 lbs and CDJKL at 1725$ levels..

2011 is expecting rise in rcn prices since the situation is worsening..the labor cost is also increasing in the states adding concern to the indusrty...

letz hope situation will become good and hope market will be active with in few months..

once again team CTC wishes all  a merry X'mas and prosperous new 2011.

appreciating your valuable comments

thanking you

SREEJITH K

COMMODITY TRADE CENTRE

KERALA

TEAM CTC - first year

“Try not to become a man of success but rather to become a man of value”.

                                                                                          Albert Einstein

May god almighty shower his blessings for continues success.

Started its operations on 13^th December 2009, today Commodity Trade Centre marked its own presence in international cashew market. Commodity Trade Centre focused to create a value for all of our valuable clients who directly or indirectly become part of our family. On this great day we would like to extend our sincere gratitude to all of our valuable customers who trusted and co-operated with us for our success journey. Today we had very wide range of clients through out the globe who are well experienced in international business. As the base year for our operation today we are well confident that we had a very strong support from the market which will guide us to success in future years too.

We hope not even a single client is disappointed while doing business with us and we expect your continuous support throughout our journey. We expect more and more clients whom with we are continuously talking and sharing market information’s will also share their success with our firm.

Lets join hands together and make a difference……

Once again we would like to thank all exporters and importers with whom we are in touch our success.

Thanks & Best regards

TEAM CTC

Commodity  Trade  Centre

Y o u r s   T r u s t e d  G l o b a l   I n t e r m e d i a r y

P.B.No:31, Kundara, Quilon 691 501, Kerala. INDIA

Tele + 91 474 2 523 616   Fax: +91 474 2 526 927

Email : admin@ctcentre.in

www.ctcentre.in

Cashew Market Update

"Sky is the limit but now we used to say we should not limit our dreams upto sky..Go beyond sky"....2010 as far as cashew industry is concerned , had crossed its all limits....2011 seems to be tough  for processors...majority of cashew processors calculation went wrong in this season due to rapid change in raw cashew prices..the main reason for this situaton :

• failure of local crops
• Vietnam played key role in purchasing in 2010
• almost 60% short in Indonesia
• Chinna and Brazil upcoming players in market
• high aution price for Tanzania crop

In India unpredictable rainfalls which will leads shortage in local crops and hike in wages in cashew industry adding worries to processors.As per our market study morethan 50% of factories will shut down in Andhara, Orissa and West Bengal due to shortage in crop by dec- jan month.

Recent studies shows that in Brazil almost 40%crop short happen and they are now looking for west african season to open...More over Chinese processors are also now looking Africa as their profit making centre. This will add competition in future...

But as we say  " survival of the fittest"...sure the science wont go wrong....

appreciating your valuable comments
Regards
Sreejith k
Commodity Trade Centre