2) The increase in Cashew prices has been passed on to retail level – partly in some markets and fully in some others (mainly Asia which is the biggest consumer). So far, there has not been any indication of big decline in off-take. It is not certain whether this trend will continue with the market accepting a range around 4.50 to be the new normal.
Also, there are no reports of any large inventories in the the importing countries which have been buying few months need at a time which means that even with higher prices, demand has continued to grow (or at least been steady) to absorb the available supplies. Why this has been happening despite lower prices of other nuts is a million dollar question !