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.

