Olympics vs Indian General Elections (2)

This entry was posted on Wednesday, April 24th, 2013 and is filed under Cashew.

Not only the host city but all nations make their best preparations for the Olympics games. Heavy spending on players, trainees, coaches, officials, artists, supporters, tourism and media, usually increases global demand for cashew kernel.

The spending in the Indian general elections may only benefit the Indian consumption. But as India is world’s largest consumer of cashew kernel, any extra increase in the Indian consumption will decrease Indian exports and the global supply.

Filed Under: Cashew