North Indian wholesalers may increase kernel prices during the peak Ramadan consumption period.
At present, they are following the export market even there is a supply shortage in W320, W240, W400 and broken grades. According to some trade sources, Vietnamese enterprises are responsible for the steady trend in the Kernel market.
— Vietnamese industry will process more than two third of their internal procurement by June-end.
— Then, they will have to depend on the imported raw material.