Indian Cashew Kernel Declines; But where are Sellers!

This entry was posted on Saturday, March 3rd, 2012 and is filed under Cashew.

In India, second quarter is the ice cream season, which means  cashew pieces season. July, August, September and October months are normally festival months, which means cashew wholes season. But March is the fiscal year-end month and the raw cashew season.

According to some confident sellers, kernel speculators are trying their best to bring down the market during this fiscal year-end period and once the market reaches its bottom these speculators will start their bulk purchases. They are now trying for an opportunity but sellers can neglect this down trend –  if they can wait till April second week!

Filed Under: Cashew