Middle East Situation Calms Indian Cashew Kernel

This entry was posted on Tuesday, September 3rd, 2013 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

If the war like situation continues in the Middle East, North Indian buyers may temporarily postpone their bulk purchases. However, the kernel market will have to move according to the ‘demand and supply theory’. Actual festive sales will decide the future course of the market.

Indian raw cashew is improving on costly imports. Beninese imports now cost above Rs68/kilo/filling 21.5%/inclusive of import costs and weight shortage.

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