(1) WORLD CASHEW.COM’S OPEN REQUEST TO VINACAS TO FIX MINIMUM EXPORT PRICE FOR W320

This entry was posted on Sunday, May 5th, 2019 and is filed under Cashew.

TOKYO OLYMPICS is scheduled to take place from 24 July 2020. Ramadan month will begin from tomorrow. Indian food packing industry may start Diwali purchases by June-end.

Olympics always brings a golden opportunity for the entire cashew sector. The host country may start extra purchases from the Q1 of 2020. But the event is the greatest celebration in the universe. All nations will prepare their sportspersons, trainees, and officials for almost all the recognized sports of the world. So, the greatest demand for cashew might emerge soon.

However, there are some unscrupulous traders who misuse the internet to spread false rumors. They even publish fake invoices to dupe kernel sellers and to defeat the demand-supply theory. When somebody becomes a victim to such online frauds, even the most positive minds will have no other alternative except to fall prey to it. The situation now requires a solution to the problem.—

— ‘Enforcement of a Minimum export price by the government or unions is the best way which can save farmers, workers, processors and genuine traders in the entire world.’

Filed Under: Cashew