Cashew Prices Reach ₹900 per Kilogram in Srikakulam

Grade-one cashew prices in Srikakulam reportedly reached approximately ₹900 per kilogram, with prices increasing by around ₹30 to ₹40 across different grades within two weeks. Higher demand during marriages, Ramzan and Holi contributed to the increase. The Palasa cashew-processing industry was depending heavily on imported raw cashew nuts from countries such as Tanzania, Mozambique, Ghana and Ivory Coast.

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