Panic Continues over Crop Disaster

This entry was posted on Tuesday, March 25th, 2014 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

At first, the raw cashew market dropped in the Indian coastal region due to some cloudy weather followed by more arrivals . But with in 2-3 days, an abrupt end like strange situation emerged in the entire South Indian first-crop harvest!

Once again the raw cashew prices are unworkable to the industry but kernel buyers are still showing cautious approach. They think that the Indian Rupee will continue its appreciation, even after the general elections.

Second-crop harvest is now in its early stage but may improve during the peak summer.

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