Indian Cashew Kernel Slides On Profit Booking

This entry was posted on Monday, October 8th, 2012 and is filed under Cashew.

Exporters are now dumping their production in the Indian local markets, in order to gain the 20% price difference, which is almost an all-time high between the f.o.b export and the Indian festive market! Though there is continuous North Indian demand for splits and pieces, buying offers are again charmless due to wide-spread as well as repeating rumors. These rumors are about some imports, which are cheaper but inferior to the Indian ‘Kaju Katli’ standards.

Filed Under: Cashew