Present Raw Cashew Price is Meaningless

This entry was posted on Sunday, March 13th, 2011 and is filed under Cashew.
Earlier, we predicted that the year 2011 will be a growers year in cashew sector. But current situation is totally alarming. Processors are losing 15%-20% due to very high raw cashew prices. If this trend continues for next few weeks, most of the small and medium processors will lose their buying power and during the time of full scale crop arrival , they will become mere spectators. Then the market will see an unprecedented collapse.

Filed Under: Cashew