Cashew Nut Prices Surge 30% in 3 Months as Production Falls

According to Beijing Xinfadi Agricultural Wholesale Market data, cashew nut prices rose approximately 33% over the past three months. Industry analysts attributed the surge to reduced production in major origins including the United States and Iran, coupled with a significant decline in Iran's cashew exports. As year-end demand peaks for nut-based food products, domestic enterprises are facing increased pressure to adjust procurement strategies and secure alternative supply sources.
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