"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