Get ready for some cashew sticker shock

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Bloomberg
Last Updated : Nov 04 2016 | 12:29 AM IST
The global popularity of the kidney-shaped nut has been growing faster than any other tree nut, even almonds. Demand for cashew nuts jumped 53 per cent since 2010 and outpaced production in at least four of the past seven years, industry data show. Now the worst drought in a century for Vietnam, the largest exporter, is raising concern that supplies will be even tighter in a market valued at $5.2 billion

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First Published: Nov 03 2016 | 10:31 PM IST

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