Cashew kernel exports are likely to be higher during the current financial year with shipments in the first half increasing 18 per cent in volume and 25 per cent in value.
Exports increased as cashew usage grew world over and its prices were lower than other tree nuts, according to sources. Sasi Varma, Executive Director and Secretary, Cashew Export Promotion Council of India (CEPCI) told Business Line that during April-November 2013, total shipments were 80,196 tonnes valued at Rs 3,346.14 crore at a unit value of Rs 417.24 a kg.
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