More Activities In Kernel Forward Trading
This entry was posted on Wednesday, June 29th, 2011 and is filed under Uncategorized.
Global cashew kernel buyers are now highly interested in forward contracts, especially for August, September and October shipments. They are offering attractive forward prices, which are said to be 5%-8% more than the current spot prices. Some Indian buyers are also offering incentives to postpone contracted deliveries by 4-8 weeks, so that they will have enough stock and inventories for the festive season.
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