Confident Sellers but Confused Buyers

This entry was posted on Wednesday, July 3rd, 2013 and is filed under Cashew.

The Indian cashew kernel market is now completely under sellers’ control. Buyers have no other choice than to accept the changed reality.

Spot trade in W320 may be possible around Rs5600-5800/11.34kg/Goa-Mangalore, but there is no bulk availability.

Forward trading in the premium grading W320 is said to be around Rs6000-6200/11.34kg/Goa-Mangalore, for the August-September delivery.

Filed Under: Cashew