Last Minute Diwali Sales Below Market Expectations

This entry was posted on Friday, October 31st, 2014 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Indian cashew industry is not happy with this Diwali season. Despite there was demand till the last moment in the pieces category, wholes grades mainly got support from local large and medium scale exporters.

Only small scale processors are the buyers in the imported raw cashew re-selling trade. Therefore some stockists are moving their stocks out of India, especially to Vietnam.

This trend may impact the global raw cashew market.

Filed Under: Cashew, Cashew Market, Cashew News, Cashew Prices