Cashew Kernel Still Bearish but Raw cashew Bullish

This entry was posted on Friday, May 28th, 2010 and is filed under Cashew.

Bullish and bearish sentiments mainly depend upon demand and supply. Raw cashew market is again moving in a bullish phase because of supply shortage. But cashew kernel is heading in the opposite direction. Kernel market is dull due to oversupply and increase in global kernel production. Present global production of cashew kernel is much more than global demand and stock position is also adequate to meet any immediate upsurge in demand.

Filed Under: Cashew