Open house Open house Open house Open house on on on on on on on on World Raw Cashew Trade Forum World Raw Cashew Trade Forum World Raw Cashew Trade Forum World Raw Cashew Trade Forum
Possible causes of 2018 crisis • Surplus production in Vietnam + west Africa ….drop in kernel prices • Credit crunch as banks tightened norms both in Credit crunch as banks tightened norms both in Vietnam and India (although for different reasons) • Over-trading by new entrants • Traders default ed in some place; Processors default ed in some other place • Why very few care about contract performance in raw cashew trade? 2
Questions? • Can we avoid the next crisis? 3
Questions? • Can we organise ourselves better? 4
Questions? • Do we need an organised body for raw cashews? 5
If yes for an organised body • What should be goals or purpose? • Who are the stakeholders? • How do we go about? • Where should the body be located? • Where should the body be located? • By when? 6
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