No Better Time than Now for Raw Cashew Sales

This entry was posted on Friday, October 24th, 2014 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

There are many importers in India who have hoarded huge quantities of raw cashew for their own processing and also for sale. They have been trying to push the market only by speculation. This has caused an overall increase in prices even at the international level. But still there is no much sales of raw cashew in terms of quantity because the need for raw cashew is only among very small scale processors.

Therefore instead of trying hard to increase the prices abnormally, it is better to book early profits as prices are likely to reduce when the Tanzanian and Indonesian arrivals enter India in full scale.

In coming weeks, Brazilian processing would be in full capacity and there would be surge in the Brazilian exports from December. So starting from December the kernel market might be a little bearish.

 

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