Market Neglects Fiscal Year-end!

This entry was posted on Tuesday, March 16th, 2021 and is filed under Cashew.

Raw cashew Market is facing farmers resistance. Undried raw cashew prices are around Rs105+GST in Kerala and South Interior Karnataka. 30% cutting quality is moving above Rs118+GST in Maharashtra. The Price for the ripe plantation variety is Rs125+GST in Goa and nearly Rs120+GST in Coastal Karnataka.

First time in recent history, sellers are asking kernel buyers to come after the fiscal year-end! MOST PROBABLY, THEY ARE EYEING Rs FIVE HUNDRED TO THOUSAND MORE FOR A TIN OF 10 KG/APRIL DELIVERY.

Filed Under: Cashew