Bullish Rumor Day in the Indian Cashew Kernel; Export Market Supports.

This entry was posted on Thursday, May 3rd, 2012 and is filed under Cashew.

Speculators are back in the Indian cashew Kernel forward trade. Bullish rumor kings are taking advantage of  these sudden developments as the current market situation is a scarcity situation. According to market rumors, forward price for W320 is above Rs6000/25LBS/June First Week/Premium Quality. Indian buyers are totally bewildered by the increasing export market and global demand.

Filed Under: Cashew