False Offers vs Genuine Offers

This entry was posted on Wednesday, January 25th, 2012 and is filed under Cashew.

Some  traders from West Africa are said to be offering ‘raw cashew 2012 crop’ at through away prices in a bid to bring down their local purchase prices. If the international market collapses during the procurement season, they can cover as cheaply as possible and gain profits as much as possible by refusing to honor their contractual obligations. Every year these people come out with such false offers to trouble the genuine trade and honest traders.

Filed Under: Cashew