Cashew kernel buying activity is always highest during mid-July to mid-November. But this year cashew kernel started its upward march just after the Indian summer holidays. According to some trade sources, Indian, American and European buyers are in a hurry. Emerging markets and side markets are slow in their purchases and their demand is mainly for W320, pieces and lower grades.

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• Activity Begins After the Holidays
• Very High Demand for Broken Grades due to Food Inflation and Huge Increase in the Packed Food Prices
• Price for W320 is Rs700/kilo/Goa-Mangalore but excluding West African Last Crop
• Bullish Uproar in the Market
• Survival of the Fittest is the Mantra for the Existing Units but New Entrants are Smelling a Great Opportunity!
• No Selling Pressure in Kernel Market
• Strong trend in Wholes, Buyer-Seller Adjustments in Broken
• Where is Raw Cashew for Next 5 Months? Is There a Chance of at least 25% Rise in the Kernel Market?
• Consumption on Increase, Supply not Matching with the Demand
• Market Waiting for the Rainy Season to END.