Market Psychology is Over-Reacting to Bad News But Under-Reacting to Good News

This entry was posted on Wednesday, November 9th, 2011 and is filed under Cashew.

Indian cashew kernel┬ámarket is still moving downwards mainly due to buyers’ cautious approach. There is no bulk availability of W320, W240, W450, Splits and pieces but buyers are not much interested in lower grades. When lower grades slip on account of weak demand, prices for white wholes also fall proportionately because of market psychology. In the current situation, market psychology is over-reacting to bad news but under-reacting to good news.

Filed Under: Cashew