SOFT COPY SUBSCRIPTION
Annual subscription x 12 issues
Never miss another issue of Investing in Nigeria magazine. Get an Annual Subscription and get Investing in Nigeria magazine delivered direct to your E- Mail Address every month!
You would also have 12 months access to over 50 market intelligence reports on our website.
N5, 000 for 12 issues
Euro 25 for 12 issues
$32 for 12 issues
Subscribe Now!
For more on our subscription and membership package, please do visit http://www.foramfera.com/index.php/membership-zone
HOW TO MAKE HUGE RETURNS TRADING CASHEW NUTS
Cashew (Anacardium occidentale; syn. Anacardium curatellifolium A.St.-Hil.) is a tree in the flowering plant family Anacardiaceae. The plant is native to northeastern Brazil. Its English name derives from the Portuguese name for the fruit of the cashew tree, caju, which in turn derives from the indigenous Tupi name, acajú. It is now widely grown in tropical climates for its cashew "nuts" and cashew apples.
It is a small evergreen tree growing to 10-12m (~32 ft) tall, with a short, often irregularly shaped trunk. The leaves are spirally arranged, leathery textured, elliptic to obovate, 4 to 22 cm long and 2 to 15 cm broad, with a smooth margin. The flowers are produced in a panicle or corymb up to 26 cm long, each flower small, pale green at first then turning reddish, with five slender, acute petals 7 to 15 mm long.
What appears to be the fruit of the cashew tree is an oval or pear-shaped accessory fruit (sometimes called a pseudocarp or false fruit) that develops from the receptacle of the cashew flower.
Called the cashew apple, better known in Central America as "marañón", it ripens into a yellow and/or red structure about 5–11 cm long. It is edible, and has a strong "sweet" smell and a sweet taste. The pulp of the cashew apple is very juicy, but the skin is fragile, making it unsuitable for transport.
The true fruit of the cashew tree is a kidney or boxing-glove shaped drupe that grows at the end of the accessory fruit. The drupe develops first on the tree, and then the peduncle expands into the cashew apple. Within the true fruit is a single seed, the cashew nut. Although a nut in the culinary sense, in the botanical sense the nut of the cashew is a seed. The seed is surrounded by a double shell containing a dermatogenic phenolic resin, anacardic acid, a potent skin irritant chemically related to the more well known allergenic oil urushiol which is also a toxin found in the related poison ivy. Some people are allergic to cashew nuts, but cashews are a less frequent allergen than nuts or peanuts.
While native to Brazil, the Portuguese took the cashew plant to Goa, India, between the years of 1560 and 1565. From there it spread throughout Southeast Asia and eventually Africa. The first country to import the cashew nuts from India was the United States in 1905.
The cashew nutshell liquid (CNSL), a by-product of processing cashew, is mostly composed of anacardic acids.These acids have been used effectively against tooth abscesses due to their lethality to gram-positive bacteria. They are also active against a wide range of other gram-positive bacteria.
Many parts of the plant are used by the Patamona of Guyana medicinally. The bark is scraped and soaked overnight or boiled as an antidiarrheal. Seeds are ground up into powders used for antivenom for snake bites. The nut oil is used topically as an antifungal and for healing cracked heels.
Anacardic acid is also used in the chemical industry for the production of cardanol, which is used for resins, coatings, and frictional materials.
Cashew nuts, roasted and salted.The cashew nut is a popular snack, and its rich flavor means that it is often eaten on its own, lightly salted or sugared. Cashew nuts are sold covered in chocolate, but due to their higher price compared to peanuts and almonds, cashews are not as common in candy except from higher quality manufacturers.
Cashew nuts also factor in Thai cuisine and Chinese cuisine, generally in whole form, and in Indian cuisine, often ground into sauces such as shahi korma, and also used as garnish in Indian sweets and desserts. The cashew nut can also be used in cheese alternatives for vegans, typically in homemade cheese recipes.
In Malaysia, the young leaves are often eaten raw as salad or with sambal belacan (shrimp paste mixed with chili and lime).
In Brazil, the cashew fruit juice is popular all across the country. Additionally, visitors to northeastern areas such as Fortaleza will often find cashew nut vendors selling the nuts for low cost, salted in a plastic bag upon purchase.
In the Philippines, cashew is a known product of Antipolo, and is eaten with suman. Pampanga also has a sweet dessert called turrones de casuy which is cashew marzipan wrapped in white wafer.
In Goa, India, the cashew apple (the accessory fruit) is mashed and mixed with water and sugar and used to make fenny (feni, a popular liquor) by fermentation.
In the southern region of Mtwara, Tanzania, the cashew apple (bibo in Kiswahili) is dried and saved. Later it is reconstituted with water and fermented, then distilled to make a strong liquor often referred to by the generic name, Gongo.
In Mozambique it is very common among the cashew farmers to make a strong liquor from the cashew apple which is called "agua ardente" (burning water). The sale of this can often provide a small additional income to widows and single mothers, selling the liquor per cup, per bottle or per jerry can.
In Nigeria, Cashew nutsis produced in 28 states of the Federation and the Federal Capital Territory (FCT). In 2004, Nigeria's production of cashew amounted to 60,660 tonnes out of which, 30,510 tonnes were exported at a value of US$22.27 million. With the present emphasis of the Nigerian Administration on the development of non-oil export programmes, cashew industry is experiencing a major turn around.
Cashew nut have both local and international market and an investor can make a return of 10 -15% ROI in a single deal.
Investor do not need to start with large quantity as there are buyers buying small quantity .
To continue reading this article and other investment opportunities in Nigeria, please do click on the link below
HOW TO MAKE HUGE RETURNS TRADING CASHEW NUTS
Do you know you can access to over 50 market intelligence reports and our monthly E- Magazine for 12 months for just N 5,000?
Click on the link below to know more about this offer.
Click on the link below to know more about this offer.
Can
you supply raw cashew nuts from Nigeria and you are seeking for export
contract? Then use our business process outsourcing service. Contact us
with the details given below with the subject line as RAW CASHEW NUTS
EXPORT IN NIGERIA: RAW CASHEW NUT EXPORT CONTRACT.
At
Foraminifera Market Research {www.foramfera.com}, we provide bespoke
and up to date market research reports for beginners and exporters
already in the commodity export market.
Our
reports are designed to assist start-ups to understand the legal and
financial requirements of starting the business, the market trends
vis-a-vis demand and supply, competition, risk identification and
mitigation strategies.
You can order our detailed feasibility report on the export of raw cashew nuts in Nigeria by clicking on the link below.
Report Title: RAW CASHEW NUTS EXPORT IN NIGERIA
Report Code: FORA/08/2011/046
Do
you require one- on- one training on the subject matter? Contact us
with any of the details provided below to arrange a meeting
Office Phone Number: 01- 295 24 13 {Monday – Saturday; 8 am – 5 pm}
Mobile Number: +234 {0} 8033782777 {Monday – Saturday; 8 am – 6 pm}
E-Mail Address:
enquiries@foramfera.com
Office Address:
61-65 Egbe- Isolo Road,
Iyana Ejigbo Shopping Arcade,
Block C, Suit 39,
Iyana Ejigbo Bus Stop,
Ejigbo, Lagos.
Like and Follow us on
Twitter: https://twitter.com/fmarketresearch
HUMAN DEVELOPMENT PROGRAMMES AND TRAINING OPPORTUNITY IN NIGERIA
Our human development training programmes are designed to assist our client set-up their respective business on a sound footing.
The
training cuts across different segment of the economy to include
Agriculture, Export and Import, Food and Beverage, Manufacturing, Mining
and Quarry, Oil and Gas, Retail Industry, Telecommunication, Tourism
and Transportation and are facilitated by seasoned professionals in
their respective fields.
Please do visit the link below to access available training programmes
Foraminifera
Market Research is a dynamic market intelligence company providing
comprehensive market research solutions and strategic intelligence
services to start-ups and existing businesses in Nigeria.
We
prepare business plan, feasibility study and market report for the
small and medium scale industries and develop the entrepreneurial
capacity of our client with the aim of providing the much needed
business data in Nigeria.
In
keeping with our vision of providing services that adds value to our
clients business and resources to develop their business into a strong
and visible global brand, we would like to introduce to you to our
sister websites
www.nigeriaoilandgasportal.com { The one stop for the oil and gas industry in Nigeria}
www.marketreportportal.com { Marketing and Sales of Market Intelligence Report}
www.nigeriabusinessplace.com {Online Business Forum}