Competition Begins in Raw Cashew, No Sellers in Kernel

This entry was posted on Friday, March 22nd, 2019 and is filed under Cashew.

Quality of New-Crop has improved in Kerala, South Interior Kernataka and sorrounding regions. Out-turn, color, size and grade wise deterioration usually starts from the 3rd or 4th week of April when the last crop harvest begins. Therefore raw nut buyers are trying to grab the mid-crop harvest which is the best.

Kernel sellers are withdrawing from the market despite FY problems. Their silence is the worry of the market.

Certainly, they will increase their asking rate from the 1st week of April. BOTH RAW CASHEW & KERNEL SHORTAGE DURING THIS TIME OF THE YEAR MEANSE, DEMAND WILL RULE THE Q1 OF THE NEW FINANCIAL YEAR.

Filed Under: Cashew