Still, Indian Processors are not getting enough raw material for their daily production. Vietnamese harvest is also facing some weather related disturbances.
Most probably, a bullish momentum has arrived for cashew kernel –
1) Summer season is for pieces in India.
2) Wedding season is for the Wholes grades in the entire Indian subcontinent.
3) Current Gulf demand is for the Ramadan month ( 29th June is the start date of this year’s Ramadan).