Make a Bearish Rumor, then Buy Raw Cashew in Maharashtra

This entry was posted on Monday, May 27th, 2013 and is filed under Cashew.

At present, some raw cashew sellers in Maharashtra are blindly following any or every bearish rumors. According to some trade sources, whatever is the bearish rumor today, that becomes the market tomorrow!

Such sellers might empty their stocks by mid-June. When that happens, cashew kernel may witness a long-term bullish movement as the month of Ramadan in 2013 will start on 9th of July.

Filed Under: Cashew