Higher Grades & Raw Cashew Shortage During the Fiscal-end! Hoarders in Action

This entry was posted on Thursday, March 7th, 2019 and is filed under Cashew.

HIGHER GRADES SHORTAGE IN MARCH IS A RARE SCENARIO. SO HOARDERS ARE TRYING TO GRAB EACH & EVERY GRADE FROM SELLERS WHO GIVE 5-10 percent CASH DISCOUNTS. THEY THINK THAT THEY CAN MAKE HUGE MONEY DURING THE APRIL SUMMER HOLIDAYS OR DURING THE RAMADAN FAST. PRICE OF PREMIUM W320 IS STILL 740+GST/Kilo/April-end Payments/GOA-MANGALORE. BUT FOR IMMEDIATE CASH, THE PRICE IS BELOW ₹700+GST/KILO.

PREMIUM W240 IS TRADING AROUND ₹800+GST/Kilo/March-end Payments/GOA-MANGALORE. However, THERE ARE BUYERS AROUND
840+GST/Kilo for April-end Payments.



Filed Under: Cashew