End of Uncertainty in Indian Cashew Kernel

This entry was posted on Saturday, June 26th, 2010 and is filed under Cashew.

This month end has witnessed some activity in the Indian cashew kernel market. The market analysts have figured out the factors behind this. Unlike last year, most of the cashew processors are processing imported nuts because of scarcity of local nuts. This has slowed down work rate by 25% when compared to past few years. This trend is likely to continue further. The market rumor is that the August contract for W320 is Rs4200 inclusive of all taxes.

Filed Under: Cashew