This year, there are no auspicious days in the Indian calendar from February-end till the last week of April. This negative factor will certainly influence the Indian cashew kernel, at-least for the next few weeks.

Wholesalers may re-start their bulk buying by March-end or just after the Fiscal year-end as consumption always picks up during the summer holidays.

However, Huge demand for the Indian March crop and the Beninese first-crop has started to develop in to real activity in the raw cashew market.

Related Posts via Categories

• Sever Raw Cashew Shortage but Demand is for Broken & Lower Grade Kernels
• Market Neglects Fiscal Year-end!
• Ramadan month will begin from Monday, 12 April
• Demand intact in broken grades, wholes market still optimistic about Tokyo Olympics
• Lockdown shatters in-shell-raw-cashew market in India
• FY 2019-20 ended with a week long shutdown, FY 2020-21 entered bringing additional two weeks of shutdown with it!
• Lockdown on the commercial activity results in sudden collapse
• ‘The show must go on’ even if raw cashew is facing both buyer resistance & seller resistance
• Steady demand in India
• Only 5 months for the Olympics!