Lack of Support from Indian Side

This entry was posted on Tuesday, February 1st, 2011 and is filed under Cashew.
Momentum in the global cashew kernel has slowed down due to lack of support from Indian side. At present, Indian market is dull but  the south Indian wedding season will be busy by this week end. Traders are waiting for lower production and lower supply from south India and higher consumption and higher demand in north India. Speculators are more interested in pieces, splits and higher grades.

Filed Under: Cashew